Jakarta - PT Adhi Karya Tbk (ADHI), until the third quarter of 2022, posted a net profit of Rp21 billion or grew by around 24% compared to the same period the previous year, Rp17.01 billion.

"The increase in ADHI's bottom line in September 2022 was not only contributed by the increase in revenue but also due to efficiency in operating expenses," said ADHI Corporate Secretary Farid Budiyanto in a written statement in Jakarta on Tuesday (11/1).

Along with profits, the company also recorded a 24% increase in revenue to Rp9.1 trillion, compared to the same period in 2021 of Rp7.4 trillion.

"This shows the company's consistency in sustainable growth in the form of improving performance and maintaining positive performance since the beginning of the pandemic until now," he explained.

Until the end of September 2022, the company posted total assets of Rp37.7 trillion, liabilities of around Rp31.6 trillion, and equity of Rp