Raharja Energi Cepu Tbk 2024 Integrated Report
Company: Raharja Energi Cepu Tbk
Sector: Mining & quarrying
Country: Indonesia
Year: 2024
Type: Integrated Report
Pages: 256
The report highlights PT Raharja Energi Cepu Tbk's transition to a public company, preparing for its IPO on the Indonesia Stock Exchange in early 2025. In 2024, the company achieved a steady financial performance with a net revenue of USD 57.7 million, representing a 22.8% year-on-year growth, and a net profit of USD 13.9 million. Operationally, the company finalized key gas and oil sale agreements for its Cepu and Jabung blocks. On the sustainability front, the company published its first sustainability disclosures, emphasizing its commitment to occupational health and safety by achieving zero workplace accidents, and contributing IDR 748.1 million to community development programs.
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