(EnergyAsia, April 12) — Indonesian energy services contractor PT Apexindo Pratama Duta Tbk said it suffered a net loss of Rp43.1 billion last year, which it blames on financial “swap transactions.” The transactions were connected with its currency hedging programme when it issued a rupiah bond in April 2005. Between 2004 and 2005, the rupiah…
INDONESIA: Energy services contractor Apexindo suffered Rp43.1 billion loss for 2005
Posted on April 12, 2006 by EnergyAsia