AKRA FY 2010 Sales Turnover Increases 36% to Rp 12.2 trillion, Net Profit Rp 311 Billion

 
JAKARTA, March 31, 2011 - PT AKR Corporindo, Tbk. (Bloomberg: AKRA IJ), Indonesia’s
leading bulk logistics and infrastructure provider  and largest private sector distributor of
petroleum and basic chemicals reported 36% increase in sales revenue to Rp 12,195 billion for
the fiscal year ended December 31, 2010 compared to the same period during the previous
year. 
Petroleum sales revenue jumped 49% to Rp 7,474 billion with volume of refined petroleum
products distributed during the year of 2010 increasing by 32%. Increasing demand for High
Speed diesel from coal mining, power, and industrial sectors in Indonesia enabled AKRA to
supply refined products from its extensive logistics infrastructure spread across 15 locations
across Indonesia.
Net profit for the fiscal year ended December 31, 2010, increased by 13% to Rp 311 billion
while for the year ended December 31, 2009 the company reported Net profit of Rp 275 billion.