PT Elnusa Tbk. announced earnings results for the first quarter of 2016. For the quarter, the company reported revenue of IDR 921,080 million against IDR 924,597 million a year ago.

Operating income was IDR 168,582 million against IDR 106,388 million a year ago. EBITDA was IDR 239,759 million against IDR 174,531 million a year ago. Net profit was IDR 93,813 million against IDR 65,163 million a year ago.

Additionally the efficiency efforts on the operational, Elnusa has also made the strategy of strengthening the balance sheet structure which will affect the profitability. This is reflected in the declining interest bearing debt at the end of March 2016 of 52.2% to IDR 354 billion and eventually would also minimize financial burdens throughout the coming year.