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PGN Saka 1Q18 Financial Report

During the first quarter of 2018, PT Saka Energi Indonesia recorded net revenue of US$133.23 million and gross profit of US$15.23 million. After administrative, finance, tax, and other expenses, the company reported a loss for the period of US$10.70 million. As of March 31, 2018, total assets reached US$2.67 billion, with total liabilities of US$1.88 billion and equity of US$787.46 million. Net cash generated from operating activities remained positive at US$61.83 million, while cash and cash equivalents stood at US$312.48 million at the end of the period.

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