During the first half of 2019, PT Saka Energi Indonesia recorded revenue of US$196.21 million and gross profit of US$31.53 million. After administrative and finance expenses, impairment losses on oil and gas properties, and income tax expenses, the company reported a loss for the period of US$50.66 million. As of June 30, 2019, total assets reached US$2.40 billion, with total liabilities of US$1.63 billion and equity of US$762.55 million. Net cash generated from operating activities remained positive at US$202.31 million, while cash and cash equivalents stood at US$407.38 million at the end of the period.
