SINGAPORE (Yosefardi) – PT Indika Energy Tbk (INDY) suffered a loss attributable to owners of the company of US$7.94 million on net revenue of US$413,251,375 for first half ended June, 2013.
This significant decline from Indika Energy’s profit of US$79.65 million for the six months ended June 30, 2012 was largely due to the decline in equity in profit of associates as well as jointly-controlled entities resulting from global weakening of coal prices, higher interest expense,and impairment on goodwill and intangible assets of the company.