PT Wismilak Inti Makmur Tbk posted an increase in profit for the year attributable to owners of the parent company throughout 2020 by 531.57% to Rp172.24 billion compared to the previous year amounting to Rp27.27 billion.

Quoting the company's financial report published on Thursday (22/4), the profit growth achievement was supported by the company's higher net sales of around 43.14% at.Rp1.99 trillion from.Rp1.39 trillion.

Also, Wismilak's interest income increased by 44.85% to Rp15.65 trillion from Rp10.80 trillion.

However, the company must accept the high cost of goods sold and operating expenses, respectively 42.20% to Rp1.36 trillion from Rp962 billion, and 4.38% to Rp420.56 billion from Rp402.88 billion.

Meanwhile, Wismilak's total assets throughout 2020 were at.Rp1.61 trillion, an increase of 24.24% from the previous year's.Rp1.29 trillion. These assets consisted of liabilities and equity of Rp.428.59 billion an