Pertamina Retail Earns IDR 162.8 Billion Profit Throughout 2023

Illustration (Photo: Doc. ANTARA)

JAKARTA - PT Pertamina Retail's Annual General Meeting of Shareholders (AGMS) announced positive financial performance throughout 2023 by posting revenues of IDR 24.36 trillion with a net profit of IDR 162.68 billion.

Meanwhile, revenue in 2023 increased by 22 percent from the previous year's achievements obtained from business expansion and improved Fuel Retail and Non Fuel Retail (NFR) services.

"In its operating performance, PT Pertamina Retail has succeeded in recording an increase in total fuel sales (Fuel Retail) in the form of Gasoil, Gasoline, and BBG, amounting to Rp23.83 trillion, an increase of 22 percent compared to 2022. Meanwhile, in the NFR sector, PT Pertamina Retail managed to record revenue of Rp524.98 billion, an increase of 32 percent compared to 2022," said PTS President Director of PT Pertamina Retail, Fedy Alberto, Friday, May 31.

The increase in PT Pertamina Retail's total revenue is supported by developments and additional outlets from its various services.

In the Fuel Retail sector, there is 17 percent increase in gas station outlets to 266 units.

Of these, there are 167 units of Green Energy Station gas stations and 40 units of electric vehicle infrastructure.

Meanwhile, in the NFR sector, there was an additional 126 percent Bright Store outlet to 443 outlets.

PT Pertamina Retail's positive performance achievement was also supported by the implementation of Social and Environmental Responsibility (TJSL) which supports the development of competing human resources, as well as being able to preserve the environment.

There are 12 main TJSL programs engaged in education, health, community empowerment, and social. Some of these programs received awards at the national level," added Fedy.

President Commissioner of PT Pertamina Retail, Chrisnawan Anditya, appreciated the good achievements that have been inscribed by PT Pertamina Retail throughout 2023.

"This certainly does not escape the implementation of the reinforcing resilience strategy which is implemented in various aspects, ranging from improving the quality of human resources to operational management by all officers," concluded Chrisnawan.