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Ratu Prabu Energi records increase in revenues

01 April 2019 16:19

JAKARTA. PT Ratu Prabu Energi Tbk (ARTI) recorded revenue growth of 22.24% from Rp 249.77 billion in 2017 to Rp 305.32 billion in 2018.

Based on the company's financial statements, last year's revenues were driven by the rig and oil equipment rent, which contributed Rp 153.22 billion. The building and related service rent business line contributed Rp 82.23 billion, oil consulting and expert service contributed Rp 61.38 billion, and other services Rp 8.49 billion.

The company's profit attributable to its parent entity for the 2018 financiall year amounted to 11.42%. Thus, ARTI's net profit grew 12.94% from Rp 10.11 billion in the previous year. (KR/MS)

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