Pt Jaya Real Property, Tbk. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 06:41 pm
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PT Jaya Real Property, Tbk. Announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was IDR 509,007.159 million compared to IDR 519,521.088 million a year ago. Operating income was IDR 215,671.260 million compared to IDR 233,458.501 million a year ago. Net income was IDR 207,183.988 million compared to IDR 223,737.607 million a year ago. Basic earnings per share was IDR 15.1 compared to IDR 16.27 a year ago.
PT Jaya Real Property Tbk is an Indonesia-based property development, management and investment company. The Companyâs segments include sales of land and building, and rental and building maintenance services. The sales of land and building segment includes the sale of land and building businesses in real estate, urban development (urban development), the release/purchase, processing, maturation, and development of facilities and infrastructure. The rental and building maintenance services segment includes leasing of shopping centers, hotel, ice rink, water park and areas of the city and water management. Focused primarily on South Jakarta and Tangerang, its diversified portfolio encompasses landed residential developments, condominiums, mixed-use superblocks, shopping centers, hotels and a hospital, as well as toll roads and clean water distribution. It has about five landed residential projects in Indonesia. It operates about six superblock and condominium projects in Indonesia.
PT JAYA REAL PROPERTY, TBK. 
