Jan 11, 2011

Jababeka sets 15% increase in revenue

Property developer PT Jababeka Tbk (KIJA) targets a 10%-15% increase in revenue this year. The target is at the same range with last year. 
By end of last year, Jababeka posted Rp461 billion revenue, an increase from the previous year of Rp393 billion and Rp16 billion net income. As  reported by local media today, Jababeka has 1,800 hectares of land bank for industrial and housings

Disclosure: No position at the stock mentioned above.  

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