Jakarta - Semester I-2021, PT Sentul City Tbk (BKSL) posted a net profit of Rp286.8 billion after the same period last year recorded a loss of Rp237.9 billion.

President Director of PT Sentul City Tjetje Muljanto said, in the first semester of this year, the company succeeded in carrying out business expansion and improving performance.

"The company's revenue in the first semester of 2021 could reach Rp2.4 trillion, even exceeding the total sales in 2020 of Rp452 billion," he said in a statement onWednesday (1/9).

According to Tjetje, a surge in revenue to Rp2.4 trillion or grew by 1,435.8% (YoY) compared to revenue in the first half of 2020 of Rp159.3 billion propelled the company to book net profit in the first semester of 2021.

"The increase in sales came from the sale of investment properties, AEON Mall, which negotiations have been planned for a long time. This proves that the company still has good trust from internati