17 April 2023

Golden Eagle Energy Categorizes Net Sales Of Rp1.05 Trillion By December 2022

IQPlus, (4/4) – PT Golden Eagle Energy Tbk (SMMT) recorded net sales of IDR 1.05 trillion as of December 31, 2022, up from net sales of IDR 508.27 billion in the same period the previous year.

The company’s financial report on Tuesday stated that cost of goods sold increased to IDR 711.91 billion from Rp346.11 billion and gross profit rose to IDR 337.36 billion from gross profit of IDR 162.16 billion.

Profit before tax was recorded at IDR 463.16 billion, up from profit before tax of IDR 258.00 billion in the previous year. Meanwhile, net profit attributable to owners of the parent entity reached IDR 362.33 billion, up from net profit of IDR 233.44 billion.

Total liabilities reached IDR 165.96 billion as of December 31, 2022, down from total liabilities of IDR 232.71 billion as of December 31, 2021. Meanwhile, total assets reached IDR 1.18 trillion as of December 31, 2022, up from total assets of IDR 1.05 trillion as of December 31, 2021. (end)