AGII Books IDR 2.61 Trillion Sales in 2022 as Company Serves Demand in Indonesia’s Industrialization Era
By Press Release03 April 2023
Jakarta, 3 April 2023 – PT Samator Indo Gas Tbk (Bloomberg Code: AGII IJ or the “Company”) has released its Consolidated Financial Statements for the years ended
December 31, 2022 (“FY2022”) and 2021 (“FY2021”). As of the FY2022 period, Total Sales reached IDR 2.61 trillion, Gross Profit reached IDR 1.16 trillion, and Profit for the
Year was positive at IDR 103.89 billion. Total Sales during FY2022 decreased 4.6% compared to the same period last year, however Q4-2022 Sales increased 11.6%
compared to Q3-2022 Sales.
AGII President Director, Rachmat Harsono, said, “2022 is a year in which the Company proved our agility and resilience. We have taken and developed various strategic steps to deal with the ever-changing business landscape, starting from the post-pandemic era, industrialization and commodity downstreaming, to the Company’s awareness towards
social and environmental values. Our business model in managing a diversified customer base has enabled us to grow in various customer sectors, including from
Consumer Goods, Infrastructure and Other Manufacturing, as we are proactively present to support the nation’s industrialization activities. Simultaneously, we also continually
innovate by exploring opportunities in Blue Hydrogen, Enhanced Oil Recovery, and Carbon Capture, as well as through efforts to improve the quality of human resources,
and work with global investors to strengthen the Company's performance and portfolio."
For full press release, click here.