Pt Jaya Real Property, Tbk. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 02:41 pm IST
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PT Jaya Real Property, Tbk. Announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was IDR 1,782,285.077 million compared to IDR 1,754,019.271 million a year ago. Operating income was IDR 753,453.857 million compared to IDR 780,867.244 million a year ago. Net income was IDR 716,663.213 million compared to IDR 755,003.735 million a year ago. Basic earnings per share was IDR 54.27 compared to IDR 53.88 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.