By Press Release
02 May 2019
JAKARTA, May 2, 2019–PT Aneka Gas Industri, Tbk. (Stock Code: AGII.JK) released its unaudited financial statements for the first quarter of 2019 (Q1 2019) with Net Profit Attributable to Parent Entity increased 14,1% to Rp 30 billion. Some of the key highlights of AGII’ Q1 2019 financial performance are as follows:
Key Highlights
Q1 2019 sales grew by 6,7% due to growth in sales volume
Overall margins remained stable due to favorable contribution from the retail and other manufacturing sectors such as smelter, chemical, etc.
AGII looks to be on track to achieve its target of building 10 new filling stations for the full year 2019 as it has added 4 (four) filling station during first quarter months of this year.
Incurred Rp 86.903 million of CAPEX targeted for FY 2019 that was allocated for building new filling stations, marketing as well as maintenance facilities.
Q1 2019 net profit after tax attributable to parent entity amounted to Rp 29.979 million compared to Rp 26.280 million for the same period during 2018.
Q1 2019 Gross Margin amounted to 47,3%.
Q1 2019 Net Margin remained at around 5,9% which has shown a slight improvement compared to Full Year 2018.
Total assets as of March 31, 2019 amounted to Rp 6.873 billion which was higher than in Full Year 2018.
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