Lippo Karawaci has reported
a 35% rise for the first quarter net profit, thanks to its healthcare and
residential units.
The largest listed property
firm revealed a net profit of 339 billion rupiah {$29.4 million} for the first three
months of the year up to March, an increase of 251 billion from the same period
during the previous year.
The company’s revenues for
its urban and residential development shot up to 53%, as the healthcare unit experienced
a 29% increase.
Lippo Karawaci’s properties
include residences, hotels, shopping malls and hospitals. The company has revealed
that now is a good time to participate in commercial property, so visit www.commercialpeople.co.id soon –
we advertise both commercial and residential, with something for everyone.
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