Concurrently, cost of sales were up by 43.6% to $57.6 million from $40.1 million in the previous year, while gross profit margin dipped to 71.2% compared to 72.5%.
SINGAPORE (Nov 13): Sinarmas Land reported 3Q ended Sept earnings increased by 0.7% to $17.6 million compared to $17.4 million a year ago.
Total revenue for the 3Q17 ended Sept rose 36.8% to $199.6 million contributed mainly by higher sales of land parcels in both BSD City and Kota Deltamas, a larger number of residential units handed over to homebuyers as well as
increased revenue recognition from apartments in BSD City.
