Jakarta - PT Sariguna Primatirta Tbk (CLEO) recorded an increase in net sales in 2021 by 13.47% to Rp1.103 trillion from the previous year Rp972,634 billion.

The company's financial report published on Monday (3/28) showed that CLEO's cost of goods sold increased by about 10.99% to Rp642,038 billion from Rp562.235 billion.

In addition, gains from foreign exchange differences decreased significantly or more than doubled to Rp422.589 million from Rp1.030 billion. CLEO also increased losses on sales and disposal of property, plant, and equipment by around 23.45% to Rp22.671 billion from Rp18,364 billion.

Selling expenses decreased by around 1.70% to Rp128.655 billion from Rp130.882 billion.

Financial expenses also shrank by about 45.78% to Rp13.804 billion from Rp25.461 billion.

As a result, profit for the year rose by around 36.10% to Rp180.711 billion from Rp132.772 billion.

In 2021, CLEO's total assets were at R