Jakarta - PT Waskita Karya Tbk recorded a decrease in the current year's loss attributable to owners throughout 2021 by around 85.10%, to Rp1.096 trillion from Rp7.359 trillion.

In the financial report released Monday (5/30), the company's success in reducing the rate of losses was supported by shrinking the cost of revenue by around 31.78%, to Rp 10.325 trillion from Rp15.136 trillion.

In addition, Waskita managed to pocket other income of Rp3.736 trillion from the previous burden of around Rp219.305 billion.

The net loss of associates and joint ventures also decreased by about two times, to Rp321,624 billion, from Rp648.854 billion.

Meanwhile, Waskita's total assets were recorded at Rp103.601 trillion, with liabilities of Rp88.140 trillion and equity of Rp15.451 trillion. Meanwhile, the position of cash and cash equivalents at the end of the year was Rp13.165 trillion.