Thursday, 19 July 2007 09:48:06StockWatch (Jakarta) - Property company PT Laguna Cipta Griya Tbk (LCGP) is expected to book net profit of IDR4.141 billion in 2007, rising sharply by 569.56% from IDR618.523 million in 2006 and IDR4.757 billion in 2008, the company's president Alwi Bagir Mulachela.
He said in the company's financial projection report submitted to the JSX, the operating profit is expected to rise sharply 160.54% from IDR9.219 billion in 2006 to IDR24.019 billion in 2007 and IDR33.036 billion in 2008.
Meanwhile, the cost of goods sold (COGS) is expected to climb up from IDR6.822 billion in 2006 to IDR16.762 billion in 2007 and IDR24.263 billion in 2008.
The operating expense is projected at IDR1.796 billion and higher at IDR2.26 billion in 2008, while the operating expense is expected to rise from IDR1.198 billion to IDR5.461 billion and IDR6.513 billion in 2008. (dwi/bud)
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