Petrochemical firm Chandra Asri Petrochemical (TPIA) booked a net profit of US$22.88 million in 2019, dropping 87% from US$181.65 million in 2018 as revenues fell 26% to US$1.88 billion from previous US$2.54 billion. The cost of revenues rose 20.6% to US$1.7 billion, and then gross profit dropped 56% to US$171 million.
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