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Duta Pertiwi hit 67% of marketing sales target this year

16 September 2022 09:16

JAKARTA. PT Duta Pertiwi Tbk (DUTI), another property developer under Sinarmas Land Group, recorded marketing sales of IDR 944 billion in the first half of 2022. Said amount is approximately 67% of the 2022 marketing sales target of IDR 1.4 trillion.

Christy Grasella, Head of Investor Relations of DUTI, confirmed that the company had reached 67% of the target in the first six months of 2022. “This allows us to gain optimism in attaining the target, and we do not plan to revise the 2022 target,” she explained in official disclosure earlier today (16/9).

In the first half of 2022, DUTI also spotted revenue increase of 79.10% to IDR 1.26 trillion from IDR 701.27 billion recorded in the same period last year. Unfortunately, its net profit slipped down from IDR 285 billion in H1 2021 to IDR 258 billion in H1 2022.

In order to maintain sustainable growth, DUTI will extend its influence to Duri Pulo, Central Jakarta. As of now, it has acquired 17.51-hectare area, which will be turned into an integrated commercial zone. (AM/ZH)

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