Ciputra upbeat to hit target despite dull Q1 performance
Bareksa • 08 May 2014
Workers build houses in a congested settlement area in Jakarta on Wednesday - (The Jakarta Post/Ricky Yudhistira)
While macroeconomic conditions have started improving, high interest rates coupled with the central bank’s decision
The Jakarta Post - Major property developer Ciputra Development is upbeat it will reach its revenue target of Rp 7.3 trillion (US$630.5 million) for the year despite falling short of pocketing its targeted marketing sales in the first quarter.
The revenue targets represents a 45 percent year-on-year increase.