Jakarta - PT Rukun Raharja Tbk (RAJA), until the end of the first semester of 2021, posted a profit for the year attributable to owners of the parent entity reaching US$261,172 or a 668.71% increase compared to the same period the previous year of only US$33,975.

According to the financial report released on Monday (30/8), the subsidiary's profit increase supported the significant rise in profit for the year.  It rose from US$879,289 in the first semester of last year to US$1.54 million in the first semester of 2021.

Other income also increased by about 72.03% to US$192,062 from US$111,619

RAJA also managed to reduce the rate of foreign exchange losses more than double or from US$758,712 to US$349,656

The company's total assets as of the first semester of this year were recorded at US$246.003 million, with cash and cash equivalents at the end of the period of US$65.54 million.