Investment firm Bakrie & Brothers (BNBR) booked a net profit of Rp349.5 billion in the first nine months (9M) of 2019, against loss of Rp1.22 trillion in the corresponding period of 2018, thanks to higher revenues and lower cost. Net revenues rose 6.2% to Rp2.47 trillion, while the cost of revenues declined 0.7% to Rp1.92 trillion. Then gross profit increased by 40% to Rp548 billion from Rp391 billion in 9M of last year.
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