PT SmartFren Telecom Tbk (FREN), controlled by Sinarmas Group, reported net loss of Rp435.3 billion last year, substantially smaller than net loss of Rp1.5 trillion in 2020. The telco operator posted 11% growth in sales revenues to Rp10.5 trillion, and after years of operating losses the company recorded operating profit of Rp247 billion last year.To subscribe please click here
