08 December 2004 -

Report Summary

Akenerji closed 9M04 with US$ 0.9 mn net loss, according to the consolidated and inflation adjusted financial statements, narrowing its 1H04 loss of US$ 4 mn by a net profit of around US$ 3 mn in 3Q04. The negative bottom line figure is due to US$ 18 mn monetary loss figure arising from Akenerji’s net monetary asset position. Operationally, Akenerji maintain its healthy performance.

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