Jakarta - PT Medco Energi Internasional Tbk (MEDC) until the third quarter of 2021 posted a profit for the period attributable to the parent company of US$46.48 million, an increase compared to the same period in the previous year, a loss of around US$121.87 million.

The financial report published Tuesday (26/10), revenue growth of around 11.66% to US$632.29 million in the third quarter of 2021 from the same period in 2020 of US$569.80 million supported the increase in profit.

Meanwhile, the company's total assets until the end of September 2021 were at US$ 5.34 billion with liabilities of US$ 4.12 billion and equity of US$1.21 billion.

The cash and cash equivalent position at the end of the period was US$431.39 million.