Oil and gas firm Medco Energi Internasional (MEDC), co-owned by Anthoni Salim and Panigoro Families, booked profit attributable to owners of US$330.6 million in 2023, dropped 37.8% year on year (y/y), mainly due to higher costs because revenues only declined 4.3% y/y to US$2.25 billion. To subscribe please click here