Mulialand's profits up

Mulialand's profits up

JAKARTA (JP): Publicly-listed property developer PT Mulialand reported yesterday that its net profit increased by 26 percent to Rp 93.9 billion (US$40.2 million) last year.

The company's financial director, Tjahja Sathiadi, said that the company plans to collect a net profit of Rp 114.5 billion this year, a 22 percent increase over last year.

Mulialand currently leases 460,000 square meters of retail and office space at Gedung Lippo Life, Plaza Kuningan, Plaza 89, Sentra Mulia, Menara Mulia, Gedung BRI II as well as Taman Anggrek Mall and Condominium. (rid)