Pertamina 2011 Profit May Rise on Higher Crude Price

PT Pertamina’s net income may gain 14 percent this year from a year earlier as higher crude price would boost revenue, said Djaelani Sutomo, marketing director at the Indonesia’s state oil and gas company.
Profit may increase to 17.7 trillion rupiah ($1.9 billion) from 15.5 trillion rupiah last year, Sutomo told reporters in Jakarta today. 
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Source: Bloomberg