PGN profit jump 82 percent
State-owned gas distribution and transportation company PT Perusahaan Gas Negara (PGN) Tbk booked net profit of Rp862 billion or US$87 million last year, jump 82 percent from Rp474 billion in 2004.
According to its financial result published today PGN recorded Rp5.43 trillion revenue or US$552 million in 2005, increased almost 22 percent from Rp4.46 trillion in 2004.
The company booked gross profit of Rp2.78 trillion and operating profit of Rp1.55 trillion with total assets as of December 2005 at Rp12.57 trillion or US$1.28 billion.
According to its financial result published today PGN recorded Rp5.43 trillion revenue or US$552 million in 2005, increased almost 22 percent from Rp4.46 trillion in 2004.
The company booked gross profit of Rp2.78 trillion and operating profit of Rp1.55 trillion with total assets as of December 2005 at Rp12.57 trillion or US$1.28 billion.
Labels: PGN
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posted by yosef at 9:41 AM
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