Perusahaan Gas Negara (PGAS) stock outlook 2012 : PT Perusahaan Gas Negara (PGAS) , Indonesia’s largest gas distributor, fell 1.5 percent to 3,325 rupiah, heading for the lowest close since Jan. 18. The company’s net income fell last year to about 6 trillion rupiah ($665 million) from 6.24 trillion rupiah in 2010 because of foreign-exchange losses and a drop in gas sales volume, Kontan reported, citing Heri Yusup, corporate secretary at the company. Yusup couldn’t be reached when called at his office.
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