Monday, 23 September 2019 | 01:54 WIB

PGN Subsidiary Saka Energi Makes Changes to Board of Directors

PGN Subsidiary Saka Energi Makes Changes to Board of Directors (linkedin/sakaenergi)

JAKARTA, NETRALNEWS.COM - The changing of top leadership of PT Saka Energi Indonesia (SAKA) is a regular activity in the environment of PT Perusahaan Gas Negara Tbk or PGN.

As a subsidiary of PGN, SAKA always carries positive results and contributes to the PGN Group.

The replacement of SAKA President Director, Tumbur Parlindungan with Nofriadi, had nothing to do with SAKA's brilliant performance, and are only part of the regular activities in the PGN Group environment.

Last year, SAKA obtained net profit of US $ 16 million. That achievement reverses the condition of the previous period which suffered a loss.

SAKA's revenue reached US $ 585 million, up 20% compared to the previous year's income of only US $ 472.86 million.

Operationally, SAKA has proven that the management of efficient oil and gas blocks is even spread abroad.

"Therefore, the change of directors this time is not at all related to SAKA's condition," explained the President Director of PGN.

He added that regularly, PGN always needs regeneration.

"At present, SAKA's success is thanks to Mr. Tumbur, that ability must be transmitted to others by carrying out the same responsibility," said Gigih.