Jakarta - PT Solusi Bangun Indonesia Tbk (SMCB) recorded a profit for the January-September 2021 period of Rp459.118 billion or grew 4.7% from the same period last year, Rp438.501 billion.

The company's financial report published on Wednesday (1/12) showed higher revenues of around 10.11% to Rp8.079 trillion from Rp7.335 trillion supported the increase in profit.

SMCB also pocketed a foreign exchange gain of Rp2,028 billion from the previous loss of around Rp49,794 billion.

Along with the increase in revenue, the cost of revenue also swelled by around 13.79% to Rp6.013 trillion from Rp5.284 trillion.

In addition, the company also received a loss from the disposal of fixed assets of Rp586 million.

As of the period ending September 2021, SMBC's total assets were recorded at Rp21.038 trillion, with cash and cash equivalents of Rp243.834 billion.