Poor timing of oil and gas acquisitions costs PT Perusahaan Gas Negara (PGAS) Tbk dearly. Its net profit dropped to US$402.8 million last year from US$711 million in 2014. The Company’s profit steadily declined from US$915 million in 2012 due to a combination of falling prices of commodities and higher cost of finance. Potential upsides?To subscribe please click here
