Jakarta - PT Vale Indonesia Tbk (INCO) achieved an attributable profit growth for the first nine months of this year of around 36.96% to US$168.385 million from the same period last year of US$122.937 million.

The company's financial report released on Friday (10/28), showed the increase in profit was supported by high revenue of around 27.29% to US$873.777 million from US$686.433 million.

However, the cost of revenue jumped about 18.94% to US$614.691 million from US$516.788 million.

Operating expenses also skyrocketed about four times to US$12.837 million from US$3.123 million. Other revenues more than doubled to US$1.959 million from US$785,000 accompanied by a 45.38% increase in other expenses to US$10.190 million from US$7.009 million.

Nevertheless, operating profit rose by around 46.67% to Rp236.844 million from US$161.472 million.

Vale's total assets reached US$2.655 billion as of September this year, with liabilities o