Jakarta - PT Bakrie & Brothers Tbk (BNBR) managed to achieve a profit attributable to owners in the first nine months of this year amounting to Rp121.701 billion, reversing a loss in the same period last year of Rp53.038 billion.

The company's financial report published on Monday (10/31) showed a higher net income of around 48.94% to Rp2.337 trillion from Rp1.569 trillion, supporting the company's ability to earn a profit.

Along with the strengthening of net income, the cost of revenue increased by around 49.76% to about Rp1.902 trillion from Rp1.270 trillion.

Operating expenses swelled by about 16.71% to Rp346.135 billion from Rp286.557 billion. However, the company increased its operating profit by around 3.122% to Rp88.2 billion from Rp2.737 billion.

In addition, BNBR recorded other net income of Rp85.918 billion, swinging from the previous burden of Rp29.940 billion.

BNBR's total assets reached Rp17.113 trillion a