PT Puradelta Lestari Tbk is Optimisticto Achieve Marketing Sales Target of Rp 2 Trillion
JAKARTA, August 27, 2020–Developer of Kota Deltamas modern integrated township, PT Puradelta Lestari Tbk. (ticker code: DMAS),is optimistic to achieve marketing sales target in 2020 of Rp2 trillion as set at the beginning of the year.
In the first semester of 2020, the Company has achieved marketing sales of Rp1.05 trillion, or equivalentto 53% of full year 2020 marketing sales target of Rp 2trillion.
Amidst the pandemic situation in Indonesia that has lasted since March, the industrial land demands still exist, despite some technical delays due to largescale social restriction. In the first quarter of 2020, the Company concluded marketing sales from industrial land of 32 hectares, while in the second quarter of 2020, the Company obtained industrial land marketing sales of 19 hectares.
Director and Corporate Secretary of PT Puradelta Lestari Tbk (“the Company”), Tondy Suwanto, says that the industrial land demands remain stable amidst the pandemic, and discussions between the Company and prospective buyers are ongoing. “Until now, we see that investment interests from prospective buyers remain strong, since their investment plans are consideredas a long-term business plan,” said Tondy Suwanto.
By the end of the first semester in 2020, there are industrial land inquiries of 130 hectares from various business sectors, including automotive and its derivative sectors, warehouse orlogistics sectors, data center sectors, and other various sectors. “Today the Company is in discussion with those potential buyers, and strive to provide service at our best,” said Tondy Suwanto.
With marketing sales achievement of Rp1.05 trillion in the first semester, the Company strive to achieve around Rp950 billion marketing sales in the second semester this year, and with sizeable current inquries, the Company is confident to achieve marketing sales target of Rp2 trillion in 2020.
PT Puradelta Lestari Tbk at a Glance
PT Puradelta Lestari Tbkis an integrated township developer of Kota Deltamas, located in CentralCikarang, with total development area up to around 3,200 hectares. Kota Deltamas is a prime township at east of Jakarta with strategic location, wide land bank, direct toll access, and equipped with comprehensive facilities and infrastructures.
PT Puradelta Lestari Tbk continues to develop its world class infrastructures to support its self-sustained integrated township, consists of industrial, residential, and commercial area, and extend its facilities to assure life quality of all workforce in the industrial area, residents, and its surrounding community. New facilities will continue to emerge in the township, includingeducation institutions, serviced apartment, and commercial centre development plan in Kota Deltamas. In addition, Kota Deltamas is equipped with properestate management, including assurance of security, clean environment, and convenience, as well as comprehensive master plan.
Majority and controlling shareholders of PT Puradelta Lestari Tbk. are PT Sumber Arusmulia (57.28%), which is part of Sinar Mas Land, prominent developer in Indonesia, and Sojitz Corporation (25.00%), a Japanese general trading company with network in over 50 countries in the world.
Download the release, click in here.