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RSS FeedsIndika Energy Results for the Period Ended 31 Mar 2017
(WorldNews Indonesia)

 
 

27 april 2017 16:04:03

 
Indika Energy Results for the Period Ended 31 Mar 2017
(WorldNews Indonesia)
 


FOR IMMEDIATE DISTRIBUTION 27 April 2017 INDIKA ENERGY RESULTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2017 Jakarta - PT Indika Energy Tbk. (IDX: INDY) Indonesia`s leading integrated energy company, reported its unaudited financial statements for the 3-months ended March 31, 2017. Revenues of US$222.5 million increased 14.1% yoy from US$195.1 million reported in 1Q16 due mainly to higher revenue contribution from Petrosea and coal trading. Gross profit inclined 35.2% yoy to US$28.3 million from US$20.9 million reported in 1Q16. The company reported a US$8.5 million operating income as compared to a US$6.4 million operating loss in 1Q16. Equity in Net Profit of Associates and Jointly...


 
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