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Pertamina scores IDR15 trillion net profit in 2020

15 June 2021 21:05

JAKARTA - PT Pertamina (Persero) managed to record a positive financial performance in 2020 by being able to print a consolidated net profit (Audited) of USD 1.05 billion or around IDR 15.3 trillion. (The assumption of the Rupiah exchange rate during 2020 is IDR 14,572).

This positive financial performance was also demonstrated by an EBITDA of USD7.6 billion with an EBITDA Margin of 18.3%. This shows that Pertamina's financial condition is safe and able to survive in the midst of the global economic crisis.

Pertamina's Acting Senior Vice President Corporate Communication & Investor Relations, Fajriyah Usman explained that since the Covid-19 pandemic hit the world, Pertamina has made various efforts to improve performance, in accordance with the direction of the Minister of SOEs, namely to carry out transformation, optimization, efficiency, and accountability consistently throughout the company. company lines so that the consolidated revenue at the end of 2020 can reach USD41.47 billion.

"The Covid-19 pandemic is not over yet, the financial and operational performance of 2020 is a positive driver to realize the aspirations of shareholders to become a global energy company in the future with a company value of USD 100 billion," explained Fajriyah. (LM)

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