#Annual Reports
Medco Energi Books Strong Financial, Operational Performance in 2024
PT Medco Energi Internasional Tbk (MedcoEnergi) announced its audited 2024 annual financial report. The company recorded significant achievements in oil and gas production, electricity sales, cost efficiency, and capital management.
Semen Baturaja books positive performance in 2024
Cement producer PT Semen Baturaja (SMBR), a subsidiary of PT Semen Indonesia (SIG), managed to record positive performance in 2024 − securing Rp2.09 trillion (US$127.4 billion) in revenue, a 2.5-percent increase from the previous year (yoy) − despite pressure on domestic cement market amidst market corrections and oversupply.