Jakarta - PT PP Tbk increased profit attributable to owners by around 8.96% from January to September to Rp141.020 billion, compared to Rp129.416 billion in the same period last year.

The company's financial report released on Wednesday (11/10) showed that a higher operating income of around 20.06% to Rp13.461 billion from Rp11.211 billion boosted the strengthening of profit.

Along with the increase in operating income, the cost of revenue also increased by about 18.91% to Rp11.642 trillion from Rp9.790 trillion.

Operating expenses also increased by 8.14% to Rp497.474 billion from Rp.459.986 billion.

PTPP's total assets reached Rp58.130 trillion as of the end of September this year, liabilities amounted to Rp43.426 trillion, and equity Rp14.703 trillion.

Cash and cash equivalents at the end of the year amounted to Rp4.653 trillion.