AS the third quarter of this year comes to a close, Waskita Karya reports increasingly mounting losses. The state-owned construction company recorded a comprehensive loss of Rp3.614 trillion (around US$233.16 million) as of September. This figure is higher than the comprehensive loss of Rp3.235 trillion (US$208.7 million) reported in September 2023.

Such losses, according to Waskita Karya’s Chief Executive Officer (CEO) Muhammad Hanug