JAKARTA (Yosefardi) – PT Perta-Samtan Gas, subsidiary of PT Pertagas, booked net profit of US$69.7 million in 2014 on revenues of US$165.7 million.
Perta-Samtan contributed 22% of Pertagas’ profit and 16% of Pertagas’ revenue. Pertagas booked net profit of US$178.7 million in 2014 on revenues of US$698.6 million.
Since founded in May 7, 2008, Perta-Samntan focuses in processing gas, operating 2 refineries in South Sumatera and Sungai Gerong. Pertagas controls 66% stake in Perta-Samtan while the rest 34% is held by South Korea-based Samtan Co Ltd.