Currency Exchange Losses, PLN Profit Plunges 72 Percent

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02/11/2017 10:56 WIB

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PLN Performance January-September 2017 Compared to January-September 2016

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PLN Performance January-September 2017 Compared to January-September 2016

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PT Perusahaan Listrik Negara Persero (PLN)'s net profit for the January-September 2017 period plummeted 72.21 percent to Rp 3.05 trillion, down from Rp 10.97 trillion in the same period the previous year. A Rp 2.23 trillion loss due to exchange rate fluctuations was a major contributing factor to this decline. In contrast, the previous year saw a Rp 3 trillion gain from exchange rate differences.

PLN's revenue for January-September 2017 still showed a 14.98 percent increase to Rp 187.88 trillion compared to the same period the previous year. However, operating profit after government subsidies fell slightly by 0.86 percent to Rp 23.76 trillion from the previous year.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Currency Exchange Losses, PLN Profit Plunges 72 Percent

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Related Data

2024 PLN Power Plant Capacity, Almost Half from Coal-Fired Power Plants

Solar Power Contributes Less Than 1% of PLN's Total Power Generation

Indonesia's PLN Power Plant's Hydropower Energy Share to Remain Below 7% in 2024

Wind Energy Contributes Only 0.0004% to PLN's Total Power Generation in 2024

Household Electricity Tariff Growth in Indonesia, 2015-2024

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Currency Exchange Losses, PLN Profit Plunges 72 Percent

Tags

Related Data

2024 PLN Power Plant Capacity, Almost Half from Coal-Fired Power Plants

Solar Power Contributes Less Than 1% of PLN's Total Power Generation

Indonesia's PLN Power Plant's Hydropower Energy Share to Remain Below 7% in 2024

Wind Energy Contributes Only 0.0004% to PLN's Total Power Generation in 2024

Household Electricity Tariff Growth in Indonesia, 2015-2024

Electricity Generation in Riau Islands 2011-2014

Latest Data Stories

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