Property Sector Records Lower Revenue Growth
星期二, 5 五月 2020
PT Agung Podomoro Land Tbk (APLN) recorded 24.64% annual revenue decline this year due to 29.4% decrease of sales recognition from Rp3.49 trillion to Rp2.46 trillion. PT PP Properti (PPRO) also recorded lower revenue as investors choose to wait and see and the physical distancing policy (PSBB). PT Alam Sutera Realty Tbk (ASRI) also recorded revenue decline but with higher net profit due to revenue from exchange rate differences.
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