Back to announcement
20240301_ELSA_Laporan Informasi dan Fakta Material_31582195_lamp2.pdf
Other Text extracted ELSASource file signed link, expires in 15 minutes
Extracted text 2
Page 1
Narahubung:
Jayanty Oktavia Maulina (Anty)
Manager of Corporate Communications
Graha Elnusa 16th Floor, Jl. TB Simatupang Kav. 1B, Jakarta 12560
Tel: (021) 7883 0850 | Fax: (021) 7883 0907 | Mob: +62813 1787 1717
E-mail: jayanty.maulina@elnusa.co.id
Press Release
ELNUSA (ELSA) Records Brilliant Performance Throughout
2023, Net Profit Grows 33% YoY
Jakarta, 29 February 2024 – PT Elnusa Tbk (ELNUSA, IDX: ELSA), a subsidiary of PT Pertamina Hulu Energi (PHE)
which is part of the Pertamina Upstream Subholding, today reports its consolidated financial performance for
2023 which has been audited. The company succeeded in closing 2023 with much better performance compared
to previous years. This is reflected in the net profit recorded at IDR 503 billion, growing 33% Year on Year (YoY).
Meanwhile, the Company posted business revenues for the 2023 financial year of IDR 12.5 trillion, growing 2%
Year on Year (YoY) from 2022. This consolidated business income was contributed by the energy distribution and
logistics services segment by 53%, integrated upstream oil and gas services by 34% and oil and gas supporting
services 13%. Due to these achievements, the Company managed to record EBITDA of IDR 1.28 trillion or grew
11.8% from the previous year's IDR 1.14 trillion, gross profit of IDR 1.16 trillion, operating profit of IDR 669 billion
and cash equivalents reaching IDR 2.07 trillion.
Elnusa's Finance Director, Stanley Iriawan said, "The net profit for the 2023 financial year was contributed by the
energy distribution and logistics services segment at 64%, integrated upstream oil and gas services at 15% and oil
and gas supporting services at 21%. One of the drivers of the increase in Elnusa's net profit is an increase in a
number of work projects in the energy distribution and logistics services segment, namely in 2022 IDR 305.6 billion
to IDR 320.5 billion or growth of 4.9% for the fuel transportation services unit, fuel trading through blending
innovation B35 products (B0 & FAME), depot management and infrastructure KSO. Meanwhile, the upstream oil
and gas services segment also contributed to an increase in net profit from IDR 20.2 billion in 2022 to IDR 74.8
billion in 2023 or a growth of 270%, namely seismic survey services and oil and gas production services activities
which were also sufficient to support the growth of business income and "net profits include business units in
hydraulic workover services, cementing services, drilling fluid services," said Stanley.
This net profit achievement is also inseparable from the contribution in the supporting services segment in 2022
of IDR 52.1 billion to IDR 107.6 billion in 2023 or growth of IDR 106%, including vessel asset utilization reaching
80%, warehouse utilization, IoT and Telco development, as well as capacity intensification. production with
increased performance in the OCTG business, this achievement reflects solid performance in terms of asset
utilization at Elnusa Group.
Page 2
Stanley added, "The performance for the 2023 financial year is clear evidence of the Company's commitment and consistency in implementing a sustainable business strategy to produce performance improvements from previous years. In line with its achievements and through the various superior services it has provided, throughout 2023 Elnusa received a number of appreciations and awards from various parties from within and outside the country. "For this reason, in 2024 we are optimistic about continuing our brilliant performance achievements by carrying out various acceleration efforts and encouraging more aggressive growth as well as focusing on expanding our core business by exploring various opportunities towards excellence, taking a role in contributing to building an energy transition ecosystem and never ending "to continue to innovate to create superior technology that can support the Government in realizing the target of increasing national oil production to 1 million barrels per day (BOPD) and natural gas to 12 billion standard cubic feet per day (MMscfd) by 2030," said Stanley. About Elnusa (IDX: ELSA) Elnusa is a subsidiary of PT Pertamina Hulu Energi (PHE), which is part of the Pertamina Upstream Subholding, operating in the field of integrated energy services to provide total solutions. Elnusa has a DNA of resilience and innovation for over 54 years in the energy industry, with core competencies in upstream oil and gas services, energy distribution and logistics services, as well as support services. The upstream oil and gas services line includes Geoscience & Reservoir services (land, transition zone & marine, as well as data processing), drilling & field maintenance services (drilling & workover), engineering, procurement, construction & operation maintenance (EPC-OM) services. The energy distribution and logistics services line includes fuel transportation services, depot management, and chemical sales. The support services line includes marine support services, fabrication, and data management. Elnusa is committed to implementing Corporate Governance in accordance with GCG principles to realize a highly competitive, continuously growing company and provide sustainability for all stakeholders. For more information, please visit www.elnusa.co.id
Names mentioned 2 people and organisations named in the text · linked when the evidence is strong
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.