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AGII is optimistic that its revenue will grow by 14% this year

04 December 2019 13:24

JAKARTA -PT Aneka Gas Industri Tbk (AGII) is optimistic that its revenue will grow by 14% this year compared to last year. By Q3 2019, the company has generated Rp 1.61 trillion in revenue.

As quoted from the company's public expose, the company's optimism was supported by an increase in its sales volume, from 372 million m3 to 381 million m3. Most of the company's revenue came from the sales of air gas (Rp 1.01 trillion), followed by non- air gas (Rp 431 billion), and gas equipment (Rp 174 billion).

So far, AGII's gross profit was recorded at Rp 727 billion, up from Rp. 684 billion recorded in Q3 2018. However, the company's net profit fell from Rp 85 billion to Rp 72 billion. (LK/AR)

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