Power Utility

Staff Reporter

, Indonesia

Published:

13 years ago

Indonesia's PLN ups income by 31%

Indonesia's PLN saw its income rise in 2011 by 31 percent to $23.7 billion from $18 billion in 2010.

On the other hand, the company's profit was up 6 percent in 2011 to $1.20 billion from $1.12 billion in 2010.

Last year, PLN's income and profit was boosted by its decision to increase access to electricity which resulted in new customers and the company is set to continue the policy in a bid to meet rising demand, it said in a statement.

For the source of this story, click here.

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