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PGN Saka 3Q21 Financial Report

During the first nine months of 2021, PT Saka Energi Indonesia recorded net revenue of US$234.27 million and gross profit of US$31.48 million. After administrative, finance, tax, and other expenses, the company reported a profit for the period of US$1.33 million, improving from a US$145.38 million loss in the same period of 2020. As of September 30, 2021, total assets reached US$1.89 billion, with total liabilities of US$1.38 billion and equity of US$508.55 million. Net cash generated from operating activities was US$166.54 million, while cash and cash equivalents at the end of the period stood at US$250.93 million.

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