Revenue of Rp 6.34 T or Up 25% Throughout 2014, the performance of PT Ciputra Development Tbk (CTRA) posted revenues R">
22 April 2012

CTRA Got 1.32T NET PROFIT IN 2014



Revenue of Rp 6.34 T or Up 25% Throughout 2014, the performance of PT Ciputra Development Tbk (CTRA) posted revenues Rp6,34 T, up 25% compared to the year 2013 by Rp5,08 T. “CTRA year increase in revenues in 2014 mainly came from the increase in residential sales from own CTRA and including the contribution of PT Ciputra Surya Tbk (CTRS) and a revenue increase of shopping center and an office of PT Ciputra Property Tbk (CTRP) are consolidated into the financial statements CTRA, “said Tulus Santoso in Institutional Investor Day, 22 April 2015 in Jakarta. Along with the increase in revenue, net profit rose 35.5% to Rp1.32 T, from the previous year amounting to Rp977 M. As for pre-sales in 2014 reached Rp8,63 T, a slight decrease compared to the year 2013 by Rp8,94 T. marketing sales decline in 2014 was much influenced by external factors, such as macroeconomic Indonesia unfavorable, with rising interest rates, exchange rates and the weakening Rupiah reduced liquidity and political situation related to election everything was increasing market uncertainty. During 2014 CTRA has launched new projects which consists of four landed residential project, three high-rise projects and one project resort. Target for 2015 In 2015, CTRA optimistic targeting marketing sales grew 27% to Rp10,96 T. This increase is supported by new projects to be launched, which consists of six residential projects, one each in Samarinda area of ​​58 ha (CitraGarden Hills), The poor area of ​​50 ha (CitraGarden City), Cullinan area of ​​82 ha (CitraLand), Jayapura area of ​​45 ha (CitraLand), Lampung area of ​​35 ha (CitraLand) and Kendari 60 ha (CitraGrand). Additionally, it will be launched also projects high-rise that includes apartments Fatmawati with extensive development of 4.5 ha, a mixed-use project of 2 ha consisting of apartments, offices and hotels in Kemayoran, office tower in Ciputra International Jakarta as well as the office tower and SOHO in Ciputra World Surabaya. In addition, the project will also be developed villa 6 ha, which is part of Ciputra Beach Resort in Bali. Along with the progress of the construction on the projects, CTRA target by 2015 can be booked revenue of Rp8,25 T, up 30% from 2014 and an estimated net profit of Rp1.72 T, up 30% compared to 2014.

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