Jakarta - PT Garda Tujuh Buana Tbk (GTBO) throughout 2021 managed to record sales of US$4.11 million, up from the previous year's zero.

The financial report released Tuesday (9/13) showed that with this sales achievement, the comprehensive loss for the current year GTBO decreased by around 84.05% percent to US$191,976 from US$1.20 million.

However, the cost of goods sold jumped more than five times to US$2.82 million from US$503,810.

Other expenses increased by around 1,002% to US$733,290 from US$66,511.

The company's total assets up until the end of 2021 were valued at US$57.08 million, with US$15.90 million in liabilities and US$41.18 million in equity.