Jakarta - PT Solusi Bangun Indonesia Tbk (SMCB) recorded an increase in profit for the year by around 10.74% to Rp720.933 billion in 2021 compared to the previous year Rp650.988 billion.

The company's financial report on Friday (25/2)

The cost of revenue also increased by around 17.40%, to Rp8.364 trillion from Rp7.124 trillion.

The company managed to pocket profit and loss on foreign exchange and profit from loss on fixed assets of around Rp4.020 billion, respectively, from a loss of Rp 37.909 billion and Rp1.093 billion of Rp16.755 billion.

Until the period ending December 2021, SMCB's total assets were at Rp21.491 trillion, with cash and cash equivalents at the end of the period of Rp290.567 billion.