PT Mitrabahtera Segara Sejati, Tbk reported unaudited financial and operating results for the three months ended March 31, 2017. The company has reported revenues of USD 15.8 million compared with USD 18.3 million a year ago. Operating loss was USD 1.7 million compared with profit of USD 0.2 million a year ago. Loss before tax was USD 2.4 million compared to USD 0.5 million a year ago. Loss attributable to owners was USD 2.6 million compared to USD 1.3 million a year ago. EBITDA was USD 4.0 million compared with USD 6.1 million a year ago. Capex was USD 1.5 million compared with USD 1.5 million a year ago. The decline in revenue mostly due to bad weather in first quarter 2017, particularly in February which impacted to the
Company's productivity.

The company announced barging volume of 4.9 million tons compared to 6.1 million tons a year ago and floating cranes volume of 2.4 million tons compared to 9.6 million tons a year ago.