Shares of the troubled state EPC firm and toll developer PT Waskita Karya (WSKT) Tbk ended at Rp202 on Friday (June 16) to make a market capitalization of Rp5.8 trillion, not even half of the company’s equity (Rp13.85 trillion as of March 31, 2023). Like peers, investors are still worried about going concern of WSKT related to poor balance sheet and series of corruption cases.To subscribe please click here
