05 Sep 2022

KPIG Records Improved Financials After Going Through the Pandemic

Jakarta, 5 September 2022 – PT MNC Land Tbk (The Company or KPIG) recorded a 29.7% growth in revenue from Rp 341.8 billion in H1-2021 to Rp 443.4 billion for the H1-2022 period. This was mainly driven by a significant increase in revenue in the hotel, resort and golf segment by a sharp 206.3%, from Rp 45.7 billion to Rp 140.0 billion. This operational boost brought KPIG's net profit for the first semester this year to increase by 18.9% from Rp 62.9 billion to Rp 74.8 billion, while net profit attributable to owners of the parent company rose from Rp 85.7 billion to Rp 88.1 billion in the first semester this year.

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