Sinarmas Land Limited FY2024 Results

Sinarmas Land Limited saw increased revenue and profit before tax in FY2024 compared to the previous year. This performance was influenced by lower contributions from associated companies and joint ventures and the impact of significant exceptional items, while assets and liabilities grew due to acquisitions and financing activities. The company intends to adopt a more defensive stance in light of anticipated challenging future conditions. • Key acquisitions during the year led to notable changes in the company's financial position • There was a marked difference in the profit contributions from investments in associated companies and joint ventures • The report highlights distinct shifts in cash flow patterns, particularly related to investing and financing activities