Jakarta - PT Tunas Baru Lampung Tbk (TBLA), until the first semester of 2022, posted operating revenues of Rp8.003 trillion, an increase of about 17.17% compared to the same period in the previous year of Rp6.83 trillion.

In the financial report published on Monday (8/15), in line with the increase in operating income, the cost of goods sold also increased by around 15.51% to Rp6.25 trillion from Rp5.41 trillion.

Selling expenses also increased by about 102.85%, to Rp438.73 billion from Rp216.27 billion.

However, the company managed to reduce the rate of foreign exchange losses by around 63.84%, bringing Rp16.7 billion down from Rp46.18 billion.

It was recorded that until the end of June 2022, the company's total assets reached Rp22.48 trillion, with equity of Rp6.87 trillion and liabilities of Rp15.61 trillion.