First Half Results of PGAS

State gas distributor Perusahan Gas Negara (PGAS) booked profit attributable to owners of US$238.56 million in the first half (H2) of 2022, grew 21.4% year on year (y/y), as revenues rose 19% y/y to US$1.74 billion. Operating profit jumped 61% y/y to US$339.7 million, helped by lower expenses.

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