State electricity utility PT Perusahaan Listrik Negara (PLN) has just released its full year 2023 audited financial report on Tuesday (May 28). The company booked net profit of Rp22.07 trillion in 2023, grew 57% year on year (y/y), but mostly attributable to Rp3.7 trillion gain from foreign exchange (forex) translation. In 2022, PLN recorded a Rp19.8 trillion forex loss.To subscribe please click here
