Jakarta - PT Adhi Karya Tbk announced profit growth attributable to owners of the parent entity for the January-September 2021 period by 10.63% to Rp17.019 billion from the same period last year of Rp15.383 billion.

The company's financial report published on Monday (8/11), lower operating expenses of around 12.95% to Rp490.528 billion from Rp563.505 billion supported the increase in profit.

ADHI also managed to reduce the cost of revenue by around 14.31% to Rp6.265 trillion from Rp7.312 trillion.

In addition, ADHI recorded an increase in the joint venture profit share of around 124.59%, from Rp82.165 billion to Rp184.536 billion.

However, ADHI's operating income decreased by around 13.08%, or from Rp8.457 trillion to Rp7.350 trillion. ADHI also had to bear other expenses of Rp18.737 billion from previously earning other income of about Rp100.455 billion.

Until the end of September 2021, ADHI's total assets were at Rp40.7