PT Citra Nusantara Gemilang Tbk (CGAS), a leading energy company focused on the development and distribution of Compressed Natural Gas (CNG), held a Press Conference at the Sultan Hotel, Jakarta. This event was held as an initial step after successfully listing its shares through an Initial Public Offering (IPO) on January 8th, 2024.
In its presentation, CGAS conveyed the main focus of its 2024 Business Plan, namely:
1. Revenue Growth
CGAS targets significant revenue growth in 2024. This will be achieved through:
- Increasing CNG and LNG sales volume
- Expanding market reach to new areas
- Increasing operational efficiency
2. Innovation and Expansion
CGAS is committed to continuous innovation and business expansion. The following are some projects that will be realized:
- Construction of an LNG Station in Pakis, Karawang, West Java
- Construction of several CNG Stations in Grobogan – Central Java, Manyar – East Java and Majalengka – West Java
CGAS is optimistic about the bright future. With the right strategy and focus on sustainable business development, CGAS is confident that it can provide added value to all stakeholders, including shareholders, customers, and the community.
Let’s create a brighter future together with CGAS!