The troubled PT Bakrieland Development (ELTY) Tbk has just released its full year 2015 financial results. The Company posted net loss of Rp726 billion against profit of Rp472 billion in 2014 due to squeezed margins and higher financial charges. IPO of its subsidiary, PT Graha Andrasentra Propertindo (JGLE) Tbk, developer of Jungleland in Sentul, Bogor, might help reducing mounts of debts.To subscribe please click here