Oil and gas services firm Elnusa (ELSA) booked a net profit of Rp40 billion in the first half (H1) of 2021, dropped 69% year on year (y/y) as revenue fell 2.6% to Rp3.7 trillion, while the cost of revenue only declined 1.4% to Rp3.43 trillion. Then gross profit dropped 32.7% to Rp282 billion. Finance expenses also rose 40.9% to Rp62 billion. 

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