14 December 2020

Elnusa Wins Business Indonesia Award 2020

Jakarta, December 14, 2020 - PT Elnusa Tbk (Elnusa), a national company providing energy services, won a prestigious award at the 2020 Bisnis Indonesia Awards for the category of public companies engaged in the oil and gas mining sector. The event, which is held virtually, is an annual event that has been held since 2002, and this year the 2020 Bisnis Indonesia Award has the theme resilience in pandemic.

Elnusa's Finance Director, Hery Setiawan, who attended the event, appreciated the award Elnusa received in the event. "Thank you to Bisnis Indonesia for the award that has been given. This year has been a year full of challenges for all of us. For the oil and gas industry, this challenge comes not only from the Covid-19 pandemic which affected operational activities and caused a decrease in national fuel consumption, but also due to fluctuations in world oil and gas prices and fluctuations in the rupiah exchange rate. Alhamdulillah, until the third quarter, we have successfully passed these challenges and we are optimistic that we will close them with positive and encouraging achievements.

"Hopefully the covid-19 pandemic can be resolved soon and restore Indonesia again. Once again, we would like to thank Bisnis Indonesia for this kind cooperation and award. " Hery concluded. It is

noted that during the year until the end of the third quarter of 2020, Elnusa recorded an operating income of Rp5.76 trillion, a gross profit of Rp614 billion, an operating profit of Rp376 billion and a net profit of Rp187 billion.

In this event, Elnusa defeated several issuers engaged in the same sector such as PT Energi Mega Persada Tbk. (ENRG), PT Astrindo Nusantara Infrastruktur Tbk. (BIPI), PT Medco Energi Internasional Tbk. (MEDC), PT Perdana Karya Perkasa Tbk. (PKPK), PT Super Energy Tbk. (SURE), PT Radiant Utama Interinsco Tbk. (RUIS).

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