In 2020, PT Catur Sentosa Adiprana Tbk (CSAP) posted a profit for the year attributable to owners of the parent entity of Rp60.47 billion compared to the same period in the previous year of Rp60.83 billion.

The financial report published on Tuesday (18/5), despite the slightly sluggish profit performance, the company managed to increase net sales by around 4.59% to Rp12.12 trillion from Rp11.58 trillion.

In line with the increase in net sales, the cost of goods sold also increased by around 3.69%, from Rp9.78 trillion to Rp10.14 trillion. Operating expenses also increased by 4.49% to Rp1.73 trillion from Rp1.66 trillion.

Other operating income decreased by around 29.97%, from Rp130.06 billion to Rp91.07 billion.

The company succeeded in increasing its financial income by about 4.80%, from Rp1.39 billion to Rp1.46 billion.

By the end of 2020, Catur Sentosa's total assets reached Rp7.16 trillion, with year-end cash and cash equival