PT Delta Dunia Makmur Tbk (DOID) posted a net loss attributable to the parent company owners in 2020, amounting to US$23.43 million from the previous year, earning a profit of around US$20.48 million.

Based on the financial report published on Monday (31/5), the company's low net income of around 31.76%, to US$601.69 million from US$881.81 million, triggered the loss.

Nevertheless, the company was able to reduce the cost of revenue by around 25.63% to US$549.69 million from US$739.16 million.

In addition, the company's operating expenses also shrank by 40.44 % to US32.29 million from US54.22 million.

Financial income increased by 78.20%  to US3.64 million from US2,046 million. The financial burden was successfully reduced by 14.35 % to US50.60 million from US58.38 million.

Meanwhile, Delta Dunia's total assets as of the period ended December 31, 2020, reached US$974.44 million, consisting of liabilities of US$710.71