PT Intiland Development Tbk announced earnings results for the first semester of 2016. For the period, the company has booked revenue of IDR 1.13 trillion. This shows an increase of IDR 136.78 billion or 13.77% from the same period in the previous year, in which the company reported IDR 993.43 billion in revenue. The revenue increase was due to income recognition following good report in the progress of the development and completion of the company's residential projects. The operating profit is recorded at IDR 181.46 billion, up 27% from the same period last year. The company also booked net profit of IDR 150.65 billion. This shows an increase of 16.06% from the company's net profit in the first semester of 2015. The increase in net profit is mainly due to the company's increase in income.