INDUSTRY.co.id - Property business and industrial estates that had been mired in 2015 are now beginning to show a resurgence twinkle. Positive signals are fueled by a positive catalyst that could support the 2016 business move made by the government, particularly the implementation of tax amnesty and the realization of government spending, as well as the certainty of tax rules in the property sector.

This positive signal then gives optimism to PT Kawasan Industri Jababeka, Tbk. (KIJA) in developing its business. In the release of the company's performance report received by the editor of IndonesianIndustry.com yesterday, KIJA posted its blue performance report during the first semester of 2016. As of June 2016, KIJA earned a net profit of Rp.326 billion, up 30% compared to the same period in the previous year which was Rp .249.81 billion

The increase was driven by the appreciation of the rupiah (IDR) against the US dollar (US $) during June 2016 appreciating by 3.4% compared to the previous month, to the level of Rp.13,213 / US $.

In addition, KIJA's captured performance in the first half of 2016 was also supported by the decrease of the Company's cost of goods from Rp.858.89 billion in the same period in the previous year to Rp808 billion, and the financial burden decreased from Rp.187 billion in the period The same in the previous year to Rp.21 billion in the first half of this year. Meanwhile, Operating Expenses increased from Rp.195.69 billion in first semester of 2015 to Rp.229.74 billion in Semester I 2016.

Although, in general KIJA decreased by 8% as of June 30, ie Rp.1.361 billion, compared to the same period in the previous year, but in outline during the second quarter of 2016, KIJA recorded an increase of Rp.774 billion, or 32% Compared to the first quarter of 2016. This increase is derived from the development of land sales reached four times from the previous quarter.

In addition, the increase in the second quarter of 2016 is also generated from the infrastructure business pillar of the company, namely from the development of electricity, water and port infrastructure, which contributed significantly, by 61%.

The increase in KIJA's performance in the second quarter of 2016 is also supported by the sharp increase in real estate sales, especially for Industrial estates in Cikarang and Kendal. With a sales target of Rp 1.4 trillion in 2016, until the second quarter of 2016, which is successfully realized Rp.421 billion. (Achmad Fuad).