Bakrie Sumatra Plantations Net Revenue Grows 17.79% YoY in Jan-Jun


Jakarta - PT Bakrie Sumatra Plantations Tbk (UNSP) posted net revenue growth for the January-June 2021 period of 17.79% to Rp404,599 billion from the same period last year of Rp343,466 billion.

The company's financial report was published on Tuesday (30/11), showed along with the strengthening of net income, the cost of revenue also swelled by around 27.94% to Rp287.371 billion from Rp224,600 billion.

The gain on the foreign exchange also decreased by 4.56% to Rp21,079 billion from Rp22,087 billion.

As a result, the loss for the period attributable to owners in the first six months of this year increased 5.45% to Rp77.932 billion from Rp73,889 billion.

The company's total assets were at Rp11.838 trillion in the period ended June this year, with liabilities of Rp3.534 trillion and equity of Rp8.304 trillion.

Meanwhile, the position of cash and cash equivalents at the end of the period was recorded at Rp67.601 billion.



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