PT Elnusa Tbk Demonstrates Exceptional Performance in 2024
Jakarta, January 8, 2024 – PT Elnusa Tbk has closed out the year 2024 with outstanding performance achievements. Through collaboration and innovation, Elnusa continues to strengthen its position in the national energy services industry, contributing to sustainable development and supporting the government’s targets in national energy resilience.
Financial Success and Growth
By the end of the third quarter of 2024, Elnusa reported a net profit of Rp 551 billion, a 35% increase compared to the same period the previous year at Rp 407 billion. The net profit margin also rose to 5.7% from the previous 4.5%, a result of diversified business portfolio strategies and asset optimization focus.
Operational Milestones
In the oil and gas upstream services sector, Elnusa completed various seismic projects throughout 2024. These included seismic projects like Seismic 3D South East Balam covering 193 km², Seismic 3D Kepuh covering 257 km², and Seismic 2D Amalia covering 234 km in various regions.
Strategic Contracts and New Projects
Elnusa secured a new contract worth Rp 272.4 billion for Booster Pump Packages 1 & 3 at Pertagas and completed the TAR 2024 project at PHE Jambi Merang on time. Additionally, Elnusa saw an increase in energy distribution and logistics volume throughput by 5% due to growth in fuel transportation business, depot management, and RBB operations in all EPN operational areas.
Frida Lidwina’s Optimistic Outlook
Frida Lidwina, Corporate Secretary of Elnusa, expressed optimism for the challenges in 2025 by emphasizing innovation, efficiency, and sustainability. She thanked all employees, partners, and stakeholders for their crucial role in Elnusa’s journey. Together, they will continue to contribute to the advancement of Indonesia’s energy services industry.
Elnusa remains committed to being a strategic partner in supporting national energy resilience and sustainable development. Through ongoing innovation, strong collaboration, and a dedication to social responsibility, Elnusa is confident in providing continued positive contributions to society, the environment, and the energy services industry in the years to come.
