Integrated petrochemical company Chandra Asri (TPIA) booked net profit of US$318.6 million last year, an increase of 6.2% from 2016 even though sales revenue grew 25% to US$2.42 billion. Higher average price of crude oil contributed to significant increase in naphtha, main raw material for olefins. Pressures intensified in the fourth quarter of 2017 and beyond.To subscribe please click here
