JAKARTA (Yosefardi) – Oil and gas supporting services company PT Apexindo Pratama Duta Tbk (APEX) booked contracts of US$614 million until December this year, 80% of which are offshore contracts.
Currently the company has 7 offshore rigs, 8 onshore rigs, and one FPSO. APEX targets its revenue to grow by 9.4% next year, from US$265 million targeted for this year. It expects to book net profit of US$30 million in 2015.
In nine months of 2014, APEX posted net loss of US$13.67 million, expanded by 45.4% from the corresponding period of 2013. This was mostly related to US$34 million of insurance compensation loss booked in the period.