Jakarta - PT Elnusa Tbk (ELSA) managed to increase the profit for the current period attributable to owners for the January-September 2022 period by 673.74% to Rp290.594 billion from the same period last year of Rp37.557 billion.

The company's financial report released on Wednesday (11/9) showed a 49.88 percent increase in revenue to Rp8.572 trillion from Rp5.719 trillion, spurring a surge in profit.

However, the cost of revenue swelled by around 49.33% to Rp7.913 trillion from Rp5.299 trillion.

Elnusa's total assets reached Rp8.669 trillion, with liabilities of Rp4.628 trillion and equity of Rp4.041 trillion.

Meanwhile, the position of cash and cash equivalents was recorded at Rp1.466 trillion.