Jakarta - PT Multistrada Arah Sarana Tbk (MASA) in January - September 2021 posted a profit for the year attributable to owners of US$46.73 million or grew by 258.04% compared to the same period the previous year of US$13.05 million.

The financial report published Monday (22/11), the surge in profit was supported by a 48.23% increase in sales to US$290.81 million from US$196.19 million.

The company also managed to reduce the rate of financial burden by about two times or from US$3.50 million to US$1.55 million.

In addition, foreign exchange losses also fell more than five times or to $S$24,008 from US$120,150.

The company's total assets for the first nine months of this year were at US$487.59 million, with liabilities of US$212.24 million and equity of US$275.35 million.