Bakrie & Brothers (BNBR) suffered a loss of Rp930.3 billion in 2020, against a loss of Rp863.27 billion in 2019, mainly due to Rp395.8 billion loss on the fair value of investments, compared to zero in 2019. Its revenue also fell 25% year on year (y/y) to Rp2.45 trillion, and gross profit dropped 63.7% y/y to Rp246 billion. The Company suffered an operating loss of Rp279 billion last year, against a profit of Rp137.5 billion in 2019. 

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