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Analysts said they believe the upsurge of net profit and net income is a result of cost optimization and increased prices of natural gas, crude oil, refined oil and other products.

An operator uses a hoist to lift a coil of aluminium at the Neuf-Brisach Constellium aluminium products company's production unit in Biesheim, Eastern France, April 9, 2018. [Photo/Agencies]

Analysts said Widodo's foreign policies gained Indonesia a comfortable neutral position among major powers and they also expressed optimism on the China-Indonesia relations after the re-election.

Analysts said gas-rich countries like the Central Asian nations and Russia will play a significant role in the natural gas trade cooperation with China in the future.

Analysts warned that China's corporate sector was feeling the stress and expected a tougher time, as funding costs were rising and could rise further, while credit would become harder to access, especially for small and medium-sized firms.