During the first half of 2022, PT Saka Energi Indonesia recorded revenue of US$308.29 million and gross profit of US$131.84 million. After operating, finance, and tax expenses, the company reported a profit for the period of US$47.65 million. As of June 30, 2022, total assets reached US$1.77 billion, with total liabilities of US$1.21 billion and equity of US$561.43 million. Net cash generated from operating activities remained strong at US$178.38 million, while cash and cash equivalents stood at US$214.12 million at the end of the period. The results reflect SAKA’s continued oil and gas exploration and production activities alongside the management of its investments and financing obligations.
