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Kamis, 28 Juli 2011

Sentul City: BKSL’s net income increased 510% yoy, despite no growth in revenue (BKSL, Rp179, Not rated) - Mandiri

􀂄 Sentul City booked strong growth in net income. 1H11 net income was Rp61bn (+510%yoy, -34%qoq).
􀂄 Gross margin increased significantly from 44.0% to 64.7% in 1H11, mainly driven by lower cost of sales. Meanwhile, 1H11 sales was booked in the same amount as in previous year.
􀂄 Currently there are no analysts covering this stock.

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