02 Aug 2024

First Half of 2024, MNC Land's Net Profit Surged by 60.5%

Jakarta, August 1, 2024 - PT MNC Land Tbk (IDX: KPIG) or the Company posted positive growth in its financial performance ending on June 30, 2024. KPIG's net revenues were recorded at Rp767.7 billion in H1-2024, a 7.9% year-on-year (yoy) increase from Rp711.7 billion in H1-2023. The Company’s revenue was mainly derived from the hotel and resort segment at 55.1% of total revenue, followed by property management and other services at 33.2%, office space rental at 11.0%, and apartment and other properties with 0.7%.
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