Pt Lippo Karawaci Tbk Reports Earnings Results for the Half Year Ended June 30, 2021
August 02, 2021 at 04:51 pm
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PT Lippo Karawaci Tbk announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was IDR 7,066,529 million compared to IDR 5,276,167 million a year ago. Operating income was IDR 1,563,514 million compared to operating loss of IDR 222,408 million a year ago. Net loss was IDR 263,039 million compared to IDR 1,251,044 million a year ago. Basic loss per share from continuing operations was IDR 3.72 compared to IDR 17.73 a year ago.
PT Lippo Karawaci Tbk is an Indonesia-based company, which is engaged in property development. The Company operates in four segments: Holdco, Real Estate Development, Healthcare, and Lifestyle. Holdco segment serves as a cost center, encompasses companies involved in investment activities, as well as parent companies and subsidiaries of public entities. Real Estate Development segment comprises, among others, activities in real estate in urban development and development of facilities and its infrastructure, memorial park, town management and water sewage treatment, and real estate in large scale integrated development project and its infrastructure development. Healthcare segment comprises of health services. Lifestyle segment comprises, among others, activities in managing shopping center, hotels and restaurants, food business, recreation center, transportation and maintenance services, parking, consumer financing and management services.