By Press Release
29 March 2018

JAKARTA, March 29, 2018 – PT Aneka Gas Industri, Tbk. (Stock Code: AGII.JK) released its audited financial statements for the full year of 2017 (FY 2017) with net income growth exceeding 52% to reach over Rp 97.5 billion. Some of the key highlights of Aneka Gas’ FY 2017 financial performance are as follows:

Key Highlights

FY 2017 sales grew 11% due to 7% volume growth sales.
Overall margins improved and is reflective of the right strategy employed by management
Achieved target of building 11 new filling stations for the full year thereby increasing the number of total filling stations to 91 by the end of December of 2017
Incurred over Rp 297 billion of CAPEX for FY 2017 that was mainly attributed to the building of new filling stations
FY 2017 net profit after tax attributable to shareholders were Rp97.6 billion compared to Rp 64.3 billion for the same period during 2016
FY 2017 Gross Margin consistently remained above 40%
FY 2017 Net Margin improved to 5% compared to 3% for the same period last year
Total assets as of December 31, 2017 were Rp 6.4 trillion increasing from Rp 5.8 trillion in the same period in 2016
Gearing ratio improved to 0.79x for FY2017 compared to 0.93x for the same period in 2016
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