NUSA DUA - Candra Ciputra, Chief Executive Officer (CEO) PT Ciputra Development Tbk (CTRA), seizes the title of the Best CEO in Real Estate and Town Development. Tempo dan IDNFinancials awarded this title during the event held at Sofitel Nusa Dua Beach Resort, Bali, last Friday (1/12).

Candra Ciputra is deemed successful in driving CTRA to become the issuer with well-maintained positive performance, both pre and post COVID-19. Under his lead, this developer gives plenty of contribution towards the housing supply for Indonesian people. Furthermore, this housing project managed by CTRA adopts sustainability concept.

In the third quarter of 2023, this company booked revenue of IDR 6.58 trillion, scoring the highest contribution from the sales of land lot, residential house, shophouses, apartment, and office worth IDR 5.08 trillion. Other revenue, such as healthcare service, hotel, office leasing, golf field, and others, generated IDR 1.50 trillion. Gross profit was recorded at IDR 3.12 trillion, resulting in operating profit of IDR 1.99 trillion and current year’s profit of IDR 1.25 trillion. (LK/ZH)