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Business 7 years ago
Medco’s net profits fall by 31.2 percent in 2017
Publicly listed energy firm PT Medco Energi Internasional saw its net profits fall by 31.2 percent to US$127.09 million in 2017 following an increase in its costs of sales, partly driven by the recent hike in global crude oil prices.
Business 7 years ago
Pertamina’s insurance subsidiary records 71.65 percent net profit growth
Insurance company Asuransi Tugu Pratama Indonesia (ATPI), a subsidiary of state-owned energy giant Pertamina, has reported 71.65 percent growth in net profit to Rp 258.4 billion (US$19.9 million) in 2017, from Rp 166.3 billion the previous year.
Business 8 years ago
Telkom sees 14.4% growth in net profit in 2017
State-owned telecommunications company PT Telkom Indonesia saw its net profit grow 14.4 percent to Rp 22.1 trillion (US$1.61 billion) in 2017, compared to the figure in 2016, according to a press statement issued by the company on Thursday.
