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

Cyber Attack (Images by IDN Times Jabar)

Jumat, 21 Februari 2020 - 09:09 WIB

Cyber Attack Fears are Delaying Business Innovation

Survey conducted by bug bounty and pentesting platform, HackerOne, has revealed that IT projects are being stifled due to security concerns. More than 80% of UK CISOs and CTOs who were interviewed…

OnRobot (Images by Business Wire)

Kamis, 20 Februari 2020 - 15:33 WIB

OnRobot Expands Innovative Gecko Gripper Family with Compact Gecko Single-Pad Gripper

OnRobot, a global leader in robotic end-of-arm tooling, has launched a compact, single-pad version of its innovative Gecko no-mark adhesive gripper. The new Gecko Single Pad gripper brings the…

Synopsys, Inc. (Images by PR Newswire)

Kamis, 20 Februari 2020 - 15:13 WIB

Synopsys Announces First Application Security Testing Solution

Synopsys, Inc. Announced that it will release a major update to the Polaris Software Integrity Platform to extend its static application security testing and software composition analysis capabilities…

Coronavirus themed Malware (Images by Novel coronavirus COVID-19 FDA)

Kamis, 20 Februari 2020 - 14:46 WIB

Beware of the other virus, the spread of Coronavirus-themed Malware

While the world attempts to take control over the spread of the Coronavirus, and tries to contain, eliminate and prevent it from spreading, hackers around the globe have found the Coronavirus…

Synopsys Software Integrity Group (Images by BusinessNews Indonesia)

Kamis, 20 Februari 2020 - 14:07 WIB

How to Cyber Security, It’s all about developers, except when it’s not

To get security testing results in front of developers, who are in the best position to address them effectively, you need automation and integration. Product security is hard. The goal is to…