JAKARTA. PT Summarecon Agung Tbk's (SMRA) marketing sales in 2020 were 32% higher than its revised target.
The property company posted Rp 3.3 trillion in marketing sales in 2020, higher than its revised target of Rp 2.5 trillion; the initial target was Rp 4.5 trillion.
According to Summarecon Agung Corporate Secretary Jemmy Kusnadi, the company is confident that the property market will improve gradually due to relatively low interest rates that make property products more attractive.
He added that public activity restrictions imposed by the government can effectively and significantly curb the spread of the coronavirus (COVID-19). (AM/MS)