Profile

Industry Sector Property, Real Estate and Building Construction
Industry Sub Sector Property and Real Estate
Established 26 November 1975
Listed 7 May 1990
Listed Company Code SMRA
Listed Shares 7,213,390,840
Dividend Yes
Major Shareholders (>5%) Semarop Agung (25.43%)
Sinarmegah Jayasentosa (6.60%)
Mellon Bank Na S/A Stichting D (5.61%)
Key Subsidiaries Bahagia Makmursejati
Unota Persadajaya
Citra Damai Agung
Serpong Cipta Kreasi
Summarecon Property Development

Stock Quote Summarecon Agung - SMRA:

Business Summary

Summarecon Agung’s business is divided in three segments:

Property Development
Property Investment and Management
Leisure, Hospitality and Others

Property Development

The core business of Summarecon is property development. This business segment involves that development of property products for sale, such as residential houses, apartments, residential land plots and commercial shop-lots. These property projects also include supporting facilities such as education, sports & recreation facilities, places of worship, healthcare facilities and malls. Summarecon is currently developing three townships: Summarecon Kelapa Gading, Summarecon Serpong and Summarecon Bekasi.

Property Investment and Management

Summarecon develops property which is retained and leased to third parties, particularly retail shopping malls. This structure provides a good source for recurring income. In each township there is an area designated as a central business district and includes a shopping mall. Summarecon currently owns a total of 380,000 m² of retail space. This involves 300,000 m² of retail space in Sentra Kelapa Gading (North Jakarta) and Sentra Gading Serpong, and another 80,000 m² in Sentra Bekasi.

Leisure, Hospitality and Others

Property projects within the Leisure and Hospitality business segment are important amenities that contribute to the development of a successful township. This includes world class sports facilities (golf courses, swimming pools, fitness centers), restaurants, recreational centers, resorts, hotels and more.

Revenue per Business Segment:

Business Segment      2011      2012      2013      2014      2015
Property Development  1,660,046  2,502,231  2,884,256  4,205,553  3,977,367
Property Investment & Management    573,629   786,259   886,680  1,117,125  1,241,908
Leisure & Hospitality and Others    125,656   174,673   322,854   434,306   404,285
Total Revenue
 2,359,331  3,463,163  4,093,789  5,756,984  5,623,561

in IDR million
Source: Summarecon Agung, Annual Report 2015

Summarecon Agung's Financial Highlights:

     2010    2011     2012    2013    2014    2015
Net Revenues   1,701   2,359    3,463   4,549   5,757   5,624
Gross Profit    753   1,047    1,592   2,441   3,057   2,907
Net Income    233    392     798   1,110   1,364     877
Operating Income
   399    564    1,011   1,382   2,096   1,791
Total Assets   6,140   8,099 10,879 14,255 15,873 18,758
Total Liabilities   3,982   5,622   7,064   9,257   9,456 11,229
Earnings per
Share¹
    35     57     57     76     96     59
Cash Dividend per
Share¹
    10     23     43     23     20    

in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Summarecon Agung, Annual Report 2015

Location

Contact Details

Jalan Perintis Kemerdekaan No. 42
East Jakarta
Phone: +62 21 489 2107
Fax: +62 21 489 2976
Email: corp_secretary@summarecon.com
www.summarecon.com