Bumi Serpong Damai (BSDE) edged up 1% to Rp1705 on Wednesday (Mar 19) as investors have priced in the company’s 2013 results, where the property company posted net profit of Rp2.69 trillion, surged by 109% from 2012. The company’s growth slowed down in fourth quarter of 2013 on higher interest rates. Nothing special about it. What’s interesting is actually on how BSDE managed its assets.
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