{
    "success": true,
    "data": {
        "id": 1005789,
        "msgid": "psp-to-see-more-profits-1447893297",
        "date": "1994-09-13 00:00:00",
        "title": "PSP to see more profits",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "PSP to see more profits JAKARTA (JP): PT Putra Surya Perkasa, a private real estate developer, estimates a 316 percent increase in this year's net profits which will be due to a growth in sales. The company's senior vice president, Jacob Kang, told reporters over the weekend that his company will likely see a net profit of Rp 80 billion (US$36.73 million) this year, more than three times last year's profits of Rp 19.23 billion. \"Last year, we just focused on the business of property rental.",
        "content": "<p>PSP to see more profits<\/p>\n<p>JAKARTA (JP): PT Putra Surya Perkasa, a private real estate<br>\ndeveloper, estimates a 316 percent increase in this year's net<br>\nprofits which will be due to a growth in sales.<\/p>\n<p>The company's senior vice president, Jacob Kang, told<br>\nreporters over the weekend that his company will likely see a net<br>\nprofit of Rp 80 billion (US$36.73 million) this year, more than<br>\nthree times last year's profits of Rp 19.23 billion.<\/p>\n<p>\"Last year, we just focused on the business of property<br>\nrental. This year we will expand the business by selling houses<br>\nof our real estate projects,\" he said. He added that 92.24<br>\npercent of this year's profit were expected to come from housing<br>\nsales and 7.76 percent from property leasing.<\/p>\n<p>PSP, whose property assets include the Prapanca Apartments,<br>\nPondok Club Villas and the Wisma Bank Dharmala office building,<br>\nis scheduled to open Ibis Slipi, a three-star 345-room hotel in<br>\nWest Java, on Saturday.<\/p>\n<p>The hotel, managed by Accor, has been established with an<br>\ninvestment of $20 million. (icn)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/psp-to-see-more-profits-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}