Jakarta - PT Tower Bersama Infrastruktur Tbk (TBIG) for January-September 2021 posted a net profit attributable to owners reaching Rp1.08 trillion or growing by around 44.57% compared to the same period the previous year of Rp747.46 billion.

The financial report published on Wednesday (8/12) revealed that higher revenues of around 15.84% to Rp4.56 trillion from Rp3.93 trillion supported the profit.

However, the cost of revenue increased 53.92% to Rp1.13 trillion from Rp738.76 billion.

TBIG also managed to almost double its profit on foreign exchange or from Rp7.13 billion to Rp13.31 billion.

Until the end of September 2021, the company's total assets reached Rp41.58 trillion with cash and cash equivalents of Rp841.60 billion.