Jakarta - PT Cisarua Mountain Dairy Tbk (CMRY) achieved net sales growth throughout the first half of this year of around 98.16% to Rp3.133 trillion, compared to the same period last year of only Rp1.581 trillion.

The company's financial report released on Monday (7/25) showed that this surge in sales increased the profit for the period attributable to owners by around 59.43% to Rp581.114 billion from Rp364.483 billion.

Cimory also managed to pocket a profit on the exchange rate difference of Rp995 million from the previous loss of Rp1.096 billion.

However, the cost of goods sold widened and approximately doubled to Rp1.776 trillion from Rp824.328 billion.

Selling and marketing expenses also swelled almost three times, or from Rp258,993 billion to Rp602,010 billion.

Until the first semester of 2022, Cimory's total assets amounted to Rp. 5.877 trillion, with liabilities of around Rp1.099 trillion and equity of Rp4.778 trillion.

Meanwhile, the position of cash and cash equivalents at the end of the period was Rp2,420 trillion.