![[Update] GSS Energy guides for net loss in FY2022](https://edgemarkets-transferred.s3-ap-southeast-1.amazonaws.com/styles/article_detail_v2/s3/gss%20energy.jpg)
GSS Energy previously announced, on Dec 28, 2022, that PT Pertamina had terminated the co-operative agreement for the Trembul operating area with PT Sarana GSS Trembul (PT SGT).
GSS Energy has guided that it will report a net loss for the FY2022 ended Dec 31, 2022.
The net loss stems from an impairment made in relation to the group’s investment in GSS Energy Trembul Limited (GETL) and the amount due from GETL.
