PT Ratu Prabu Energy Tbk (ARTI) is optimistic handful net income of Rp 551.85 billion at the end of 2013. Revenues, up 25% from the previous period amounting to Rp 449.48 billion.
Director of Ratu Prabu Energy, Gemilang Zaharin explained from the increase in net income of Rp 112.37 billion in 2013, the majority of revenue is contributed from the oil and gas business.
“This year, the oil and gas sector is projected to be the main revenue contributor ARTI is about Rp 478.58 billion, up 25% than in 2012. Meanwhile, income property sector is expected to contribute Rp 75.8 billion,” Bright said after the AGM at the Queen King Ratu Prabu Energy in Building I, Jalan TB Simatupang, South Jakarta, Wednesday (24/04/2013).
Coded ARTI will also go into the oil and gas services business in Myanmar and Brunei Darussalam. In property, ARTI ready to develop the concept of apartments, hotels and offices in around TB Simatupang, South Jakarta.
In 2012, ARTI earn net income of Rp 449.48 billion, up from the previous period which amounted to Rp 309.74 billion. While net income, a significant increase from Rp 11.76 billion in 2011 to Rp 51.85 billion last year.