PT Jaya Real Property, Tbk. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 25, 2023
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PT Jaya Real Property, Tbk. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 499,137.78 million compared to IDR 486,680.95 million a year ago.
Net income was IDR 189,971.55 million compared to IDR 176,031.53 million a year ago. Basic earnings per share from continuing operations was IDR 14.58 compared to IDR 13.25 a year ago.
PT Jaya Real Property Tbk is an Indonesia-based property development, management and investment company. The Companyâs segments include sales of land and building, and rental and building maintenance services. The sales of land and building segment includes the sale of land and building businesses in real estate, urban development (urban development), the release/purchase, processing, maturation, and development of facilities and infrastructure. The rental and building maintenance services segment includes leasing of shopping centers, hotel, ice rink, water park and areas of the city and water management. Focused primarily on South Jakarta and Tangerang, its diversified portfolio encompasses landed residential developments, condominiums, mixed-use superblocks, shopping centers, hotels and a hospital, as well as toll roads and clean water distribution. It has about five landed residential projects in Indonesia. It operates about six superblock and condominium projects in Indonesia.
PT JAYA REAL PROPERTY, TBK. 
