Beer market leader Multi Bintang (MLBI) booked net profit of Rp1.22 trillion last year, down 7.3% from 2017 mainly due to higher operating expenses. Oil and gas supporting services company Elnusa (ELSA), controlled by state-owned oil and gas company Pertamina, meanwhile, booked net profit of Rp276.3 billion, an increase of 11.8% from 2017.

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