Supported New Project, Intiland Exceeds End of Year Target Sales

By : Hariyanto And Aldi Firhand. A | Friday, October 20 2017 - 21:59 IWST

Archied Noto Pradono, Director of Intiland Capital Management (Doc Industry)
Archied Noto Pradono, Director of Intiland Capital Management (Doc Industry)

INDUSTRY.co.id - Jakarta (ANTARA News) - PT Intiland Development Tbk (DILD) received Rp3 trillion in sales or exceeded the company's target of Rp2.3 trillion.

Director of DILD Capital and Investment Management, Archied Noto Pradono, said that the significant growth of marketing sales was mainly driven by the company's success in launching its new project, achieving sales of Rp1.5 trillion or contributing 51 percent of the company's total marketing sales.

"The value of marketing sales jumped by 115% compared to the acquisition in the same period in 2016 amounting to Rp1, 4 trillion," said Archied in his written statement on Thursday (19/10/2017).

Based on its development segment, the biggest contribution of marketing sales came from the development of mixed-use and high rise valued at Rp 1.85 trillion or 61% of the total. Sales from the segment of industrial estates are also recorded as the next largest contributors to the marketing sales reaching Rp531 billion or 18%.

The housing development segment recorded a marketing contribution of Rp343 billion or 11% of the total. The investment property segment, which is the source of recurring income, as of September 30, 2017 contributed Rp294 billion or 10% of the total.

Meanwhile, based on source types, development income contributes significantly to Rp2.7 trillion or 90% of the total. Meanwhile, recurring income from office leasing, retail, golf course management, sports clubs, warehouses and facilities provide marketing sales of Rp294 billion or 10%.

"Despite the contribution of new recurring income
about 10%, but the value jumped 32% compared to the acquisition in the same period last year, "he continued.

The increase in recurring income is due to the increase in revenue contribution from office space leasing and facilities, especially from the South Quarter office in South Jakarta.

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…