9, an indication of buoyant consumer confidence. 9 and margin Forex kalkulator latter by 0.
The y-o-y decline reflects the fact that lower land plot sales were booked in 4Q18 than in 4Q17. As a result, BSDE’s FY18 net profits reached IDR1. Weak revenues recognition due to a lack of land plot sales. BSDE booked revenues of IDR 6. Expect a moderation in marketing sales. We expect BSDE to book marketing sales of IDR 5. 9 trillion in FY19F, lower than the management’s flat guidance of IDR 6.