PT Panorama Transportasi Tbk announced earnings results for the year ended December 31, 2011. For the year, the company reported net income available for common share holders of IDR 4,315.6 million on operating revenue of IDR 171,766.05 million compared to net income available for common share holders of IDR 286.38 million on operating revenue of IDR 262,973.8 million for the prior year. Operating income was IDR 23,854.85 million versus IDR 12,853.58 million of prior year.

Cash from operating activities was IDR 31,530.3 million against IDR 28,862.68 million of prior year. Capital expenditures were IDR 3,088.3 million against IDR 7,461.6 million of prior year. Return on equity and return on assets were 5.63% and 1.64% against 0.4% and 0.12% of prior year.