Bakrie & Brothers Swings to Profit in 2021
Jakarta - PT Bakrie & Brothers Tbk (BNBR) throughout 2021 posted a net profit attributable to owners reaching Rp74.29 billion, an increase compared to the same period in the previous year with a loss of Rp929.46 billion.
According to the company's financial report, which was released on Friday (4/1), this net profit achievement was supported by an operating profit of around Rp24.24 billion, compared to the previous loss of Rp279.10 billion.
The company also recorded a decrease in operating expenses of around 24.99%, to Rp393.78 billion, from the previous Rp525.03 billion.
Until the end of December 2021, BNBR's total assets reached Rp15.24 trillion, with liabilities and equity of Rp13.91 trillion and Rp1.32 trillion, respectively.