“As a result, Elnusa achieved its highest revenue and profit in history in 2023, and we will continue to strive to make history in the future,” Bachtiar said during Elnusa’s media gathering.

Meanwhile, Elnusa VP of Strategic Planning & Business Strategy, Rifqi Budi Prasetyo, reported that the company’s revenue in 2023 reached IDR 12.56 trillion, up 2 percent from IDR 12.3 trillion in 2022.

The business revenue was primarily generated from the energy distribution and logistics services segment (53 percent), integrated upstream oil and gas services segment (34 percent), and supporting oil and gas services segment (13 percent).

For profits, Rifqi noted that Elnusa recorded a profit of IDR 503 billion in 2023, a 33 percent increase from IDR 378 billion in 2022. The profit for the first quarter of 2024 was IDR 183 billion.

Elnusa also plans to allocate a capital expenditure of IDR 526 billion in 2024 to continue fostering growth and innovation. (Uki Ruknuddin)

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