Indonesia's Waskita Sees Bigger Net Loss at $243 Million in 2025, CEO Says

March 05, 2025, 02.02 PM | Source: Reuters
Indonesia's Waskita Sees Bigger Net Loss at $243 Million in 2025, CEO Says

ILUSTRASI. Gedung kantor pusat Waskita Karya di kawasan Cawang, Jakarta Timur.

WASKITA KARYA - JAKARTA. Indonesian state-owned construction firm Waskita Karya expects a bigger net loss of 3.97 trillion rupiah ($242.96 million) for 2025, its president director said on Wednesday, amid a substantial reduction in state-led infrastructure projects.

The unaudited net loss for 2024 was 3 trillion rupiah.

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