During the first nine months of 2022, PT Saka Energi Indonesia recorded revenue of US$489.31 million and gross profit of US$178.99 million. After operating, finance, and tax expenses, the company reported a profit for the period of US$70.03 million. As of September 30, 2022, total assets reached US$1.80 billion, with total liabilities of US$1.21 billion and equity of US$584.13 million. Net cash generated from operating activities remained strong at US$270.57 million, while cash and cash equivalents stood at US$298.96 million at the end of the period. The performance reflected improved operating results alongside SAKA’s continued oil and gas exploration and production activities during 2022.
