Elnusa's net profit soars 445 percent in H1
Ika Krismantari, The Jakarta Post, Jakarta | Thu, 07/30/2009 11:32 AM
Local oil and gas service company PT Elnusa's first-half net profit soared 445 percent this year on the back of currency gains.
Elnusa's net profit increased to Rp 465.5 billion (US$47 million) in the first six months of this year from Rp 85.3 billion in the same period a year earlier.
The rise in the net profit is partly due to a significant jump in currency gains, which rose to Rp 35.6 billion from Rp 5.8 billion