Jakarta - PT Sarana Menara Nusantara Tbk (TOWR), until the end of the first semester of 2021, posted a profit for the period attributable to owners of the parent entity Rp1.66 trillion, an increase of 19.89% compared to the same period the previous year of Rp1.39 trillion.

According to the company's financial report published on Friday (27/8), the increase in profit was supported by an increase in revenue of around 7.76% to Rp3.97 trillion, compared to the same period in 2002 Rp3.68 trillion.

In addition, sales and marketing expenses also decreased by around 26.35% to Rp58.22 billion from Rp79.05 trillion.

As of the end of June 20201, the company's total assets were at Rp. 34.651 trillion, with liabilities of Rp24.048 trillion and equity of Rp. 10.603 trillion.