During the first nine months of 2023, PT Saka Energi Indonesia recorded revenue of US$324.61 million and gross profit of US$40.55 million. After operating, finance, and tax expenses, the company reported a loss of US$1.03 million. As of September 30, 2023, total assets stood at US$1.46 billion, liabilities at US$863.52 million, and equity at US$598.18 million. Operating cash flow remained positive at US$99.98 million, while cash and cash equivalents reached US$154.86 million. During the period, SAKA also expanded its portfolio through the Sangkar Working Area PSC in East Java and continued oil and gas exploration and production activities across its working areas.
