Jakarta - PT Trikomsel Oke (TRIO) reduced the current year's net loss attributable to owners throughout 2021 by around 45.39%, to Rp148,591 billion, from Rp272.133 billion in the previous year.

The company's financial report, released on Thursday (24/3), showed TRIO's ability to reduce losses thanks to the lower cost of revenue which fell by around 8.72% to Rp425.864 billion from Rp466.581 billion.

In addition, operating losses also doubled from Rp57.795 billion to Rp23.595 billion. The assistant is general and administrative expenses, which have almost doubled to Rp28,564 billion from Rp44,812 billion.

The company also reduced the financial burden by around 35.27%, to Rp145.650 billion from Rp225.028 billion. Other income also jumped more than three times, or from Rp4,729 billion to Rp15,070 billion.

Unfortunately, net income was drained by around 3.74%, to Rp475.954 billion from Rp494.469 billion.

Until December 2021, T