Jakarta - PT Elnusa Tbk (ELSA) recorded a profit for the year attributable to owners throughout 2021 of around 56.34%, reaching Rp108.740 billion compared to the previous year's Rp249.048 billion.

Based on the financial report released on Thursday (10/3), the low-profit achievement was triggered by the high cost of revenue of around 7.25%, to Rp7.491 trillion from Rp6.984 trillion.

Other income decreased by around 78.71%, to Rp9,895 billion from Rp46,479 billion. Financial income also decreased by 8.52%, to Rp26.970 billion from Rp29.482 billion.

Nevertheless, Elnusa's revenue increased by around 5.30%, going from Rp7.726 trillion to Rp8.136 trillion.

Unfortunately, the cost of revenue increased by about 7.25% to Rp7,491 trillion from Rp6,984 trillion.

Elnusa's total assets were at Rp7.234 trillion, with cash and cash equivalents at the end of December 2021 of Rp1.144 trillion.