Indonesian state energy company Pertamina's profit jumps 86% in 2022

Indonesian state energy company Pertamina's profit jumps 86% in 2022

PHILE PHOTO: A view of state-owned oil giant Pertamina's refinery unit IV in Cilacap, Central Java, Indonesia January 13, 2016. REUTERS/Darren Whiteside/File Photo

Indonesian state energy company PT Pertamina reported $3.8 billion in net income for 2022, an 86% jump from its 2021 profit amid higher output, the company said in a statement on Tuesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter