Jakarta (Benchmark News) – PT Agung Podomoro Land record net profit rises 17.6% that will positively impact to investors. Moreover, the APLN had rocked the issue of bribes reclamation.
PT Recapital Securities analyst, Kiswoyo Adi Joe says, the growth of net profit will bring positive sentiment to the APLN, especially the trade of its shares in the short term.
The rise in net profit sustained revenue growth efforts. As for the revenue increase, buoyed by rising sales of apartments, houses the Office and each Office of 18.1%, 96.6% and 248,5%, says he is in Jakarta, Saturday (28/10/1999).
Net profit Rose APLN 17.6% in quarter III-2016, amounted to Rp 432.89 billion, up approximately 17.6% yoy. Its business revenue was recorded at Rp 4.14 trillion, growing about 5.67% yoy. Loads of goods sold rose to Rp 1.98 trillion so the dirty profit recorded at Rp 2.16 trillion, increased by 8.8% yoy.
Profit before income taxes up about 12.55 to Rp 640.89 billion. Total assets as of 30 September 1999 was recorded at Rp 25.51 trillion, up from total assets per 31 December 2015 worth Rp 24.56 trillion.
The highest growth occurred in unit sales offices. Recurring income from rent, hotels and others who ride each amounting to 4.4%, 5.2% and 2.7% also support the growth of revenues. In addition, a decrease in the burden of sales, General and administrative burden also supports the growth of the net profit of the company, he’s obviously…(Red)