PT Cowell Development Tbk announced earnings results for the year ended December 31, 2011. For the period, the company reported operating revenue of IDR 181,227.64 million against IDR 100,491.34 million a year ago. Operating income was IDR 31,144.94 million against IDR 11,784.07 million a year ago.

Pre tax income was IDR 42,382.9 million against IDR 13,424.82 million a year ago. Net income available for common was IDR 33,321.43 million against IDR 8,400.94 million a year ago. Cash from operating activities was IDR 107,047.6 million against IDR 10,923.64 million a year ago.

Capital expenditures were IDR 436.03 million against IDR 5,273.39 million a year ago. Return on assets was 8.64% against 3.15% a year ago.