As of September 2017, Lippo Cikarang Revenue is Stagnant Relatively
By : Abraham Sihombing And Aldo Bella Putra | Thursday, February 01 2018 - 23:00 IWST
![Kawasan Industri Lippo Cikarang (Istimewa)](https://eagle.industry.co.id/uploads/berita/detail/2494.jpg)
Kawasan Industri Lippo Cikarang (Istimewa)
INDUSTRY.co.id - Jakarta - PT Lippo Cikarang Tbk (LPCK) posted a profit of Rp437 billion as of September 2017, down slightly by 3.8% compared to the same period in 2016 of Rp454.29 billion.
LPCK's revenue during the first nine of 2017 is relatively stagnant at Rp1.2 trillion compared to the same period in 2016. In addition, the company achieved EBITDA of Rp453 billion with assets valued at Rp10.8 trillion.
The largest contribution of LPCK revenue during January-September 2017 came from the hospital's operating business and apartment division of Rp939 billion. The business contributes 76.6% of LPCK's consolidated revenue.
Revenues earned from industry and commercial divisions stood at Rp77.5 billion. it reached approximately 6.3% of the company's consolidated revenue as of September 2017. The remaining Rp209 billion or approximately 17.1% of LPCK's consolidated revenue comes from recurring income.
"Performance as of September 2017 is less than expected due to the weakening of the Indonesian property market. However, the Meikarta project is expected to be a sustainable project for Lippo Cikarang growth in the future, "said Ivan Budiono, LPCK President Director, Thursday (01/02/2018).
Lippo Cikarang is an urban developer with a total area of 3,250 hectares, in which the industrial estate is the main economic base.
In addition, Lippo Cikarang has also built 16,661 apartment units occupied by 51,250 people. Meanwhile, there are 500 500 employees who work every day at 1,200 manufacturing companies located in Lippo Cikarang industrial area. (Abraham Sihombing)
Read Also
Trimegah Sekuritas Supports Ikatan Alumni SBM-ITB to Realise Lifelong…
Fujitsu chosen for Dow Jones Sustainability World Index for 22nd…
Olympus Named to Dow Jones Sustainability World Index for Three Consecutive…
New Economic Board, GOTO Share Moves Closer to Global Indices
Midday Break, the Composite SMidday Break, the Composite Stock Price…
Today's Industry
![Flag of the United Nations Organization.](https://eagle.industry.co.id/uploads/berita/small/5783.jpg)
Kamis, 15 Agustus 2024 - 14:26 WIB
Modena Officially Becomes a Member of the UN Global Compact
Commited to transforming towards sustainable business practices, Modena the global home appliance established over 60 years ago in Italy, officially became a member of the UN Globe Compact (UNGC)…
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
Kamis, 11 Juli 2024 - 22:08 WIB
Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia
Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.
![The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
Kamis, 11 Juli 2024 - 19:03 WIB
BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure
Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…
![The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
Kamis, 27 Juni 2024 - 15:30 WIB
Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin
PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.
![Financial Literacy](https://eagle.industry.co.id/uploads/berita/small/5779.png)
Rabu, 26 Juni 2024 - 22:47 WIB
The Importance of Financial Literacy
Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.
News Comment