During the first nine months of 2019, PT Saka Energi Indonesia recorded net revenue of US$292.08 million and gross profit of US$43.90 million. After administrative and finance expenses, impairment losses on oil and gas properties, and tax expenses, the company reported a loss for the period of US$69.49 million. As of September 30, 2019, total assets reached US$2.27 billion, with total liabilities of US$1.53 billion and equity of US$743.26 million. Net cash generated from operating activities remained positive at US$84.58 million, while cash and cash equivalents stood at US$258.77 million at the end of the period.
