Jakarta - PT Bumi Resources Tbk (BUMI) achieved a profit jump for the period attributable to owners for the January-September period this year by around 473.76% to US$365.490 million from the same period last year of only US$63.7 million.

The company's financial report released on Thursday (11/3) showed the surge in profit was driven by high revenue that nearly doubled to US$1.394 billion from US$666.181 million.

BUMI was also able to increase the share of net income of associates and joint ventures by more than tripled to US$451,861 million from US$179.918 million, and gain on foreign exchange doubled to US$4.605 ​​million from US$2.697 million.

Unfortunately, the cost of revenue also swelled about two times to US$1.1 billion from Rp512.784 million.

Operating expenses increased by about 40.60% to US$69.226 million from US$49.235 million.

However, operating profit was successfully increased by about two times to US$225.048 mi