JAKARTA (Yosefardi) – PT Elnusa Tbk (ELSA), oil and gas supporting services company, expects to book net profit of Rp325 billion this year with net profit margin growing 15%.
The company has gained US$86 million seismic project for 2 years period which serves higher profit margin.
ELSA booked net profit of Rp230 billion in the first nine months to September of 2015 period, declined 20.8% from Rp288 billion in the corresponding period of 2014. Net profit margin was 8.6%.
Revenues fell 13.3% to Rp2.62 trillion from previous Rp3.02 trillion. And operating profit declined 9.4% to Rp247 billion. Operating profit margin was 9.4%.