State gas distributor PT Perusahaan Gas Negara (PGN) Tbk (PGAS) reported a 48% drop in net profit to US$306.32 million in first nine months to September of 2015, from US$591.80 million in the corresponding period of 2014. As revenues declined 10.7% to US$2.14 billion from previous US$2.39 billion. Cost of goods sold increased 0.6% to US$1.43 billion.To subscribe please click here