Elnusa Net Profit Surges 4,562% in 1st Quarter


Jakarta -PT Elnusa Tbk (ELSA) posted a surge in profit for the year attributable to owners during the first three months of this year of around 4,562% to Rp74.934 billion compared to the same period last year of only Rp1.607 billion.

The profit growth was supported by an increase in operating income of around 34% to Rp2.4 trillion from Rp1.8 trillion. The energy distribution & logistics service segment contributed to this consolidated operating income with 54%, upstream oil and gas services with 38%, and support services with 8%.

In addition, Elnusa's EBITDA increased 9% to Rp248 billion from Rp227 billion.

"Growth in the first quarter of 2022 is driven by management's efforts to build strong fundamentals for long-term business growth and sustainability," said Elnusa Corporate Secretary Asmal Salam in a press release on Thursday (2/6).

According to him, this growth is also supported by the return of community mobility, wh


Penulis : Widya