Company Profile For PT Tambang Batubara Bukit Asam Tbk

PT Tambang Batubara Bukit Asam Tbk (PTBA.JK) (Jakarta Stock Exchange)

sector: Energy · industry: Coal ·

As of 1:58pm IST

16,100.00IDR

Price Change

-350.00

Percent Change

-2.13%

Analyst Recommendations

Overview

PT Tambang Batubara Bukit Asam Tbk is an Indonesia-based coal mining company. It is engaged in coal mining activities, including general survey, exploration, exploitation, processing, refining, transportation and trading, maintenance of special coal port facilities for internal and external needs, operation of steam power plants and providing consulting services related to the coal mining industry. The Company has developed coal briquette production as an alternative fuel for home and small industries. The briquette production facilities are producing a total of 115,000 tons per year and located in Gresik, Tanjung Enim and Lampung, Indonesia. The two mining units are located at Tanjung Enim, South Sumatra and Ombilin, West Sumatra.

Quick Financial Synopsis

BRIEF: For the six months period ended 30 June 2009, PT Tambang Batubara Bukit Asam Tbk's revenues totaled RP4.501T, rose 56% from RP2.889T in the previous year. The Company's net income for the current period totaled RP1.592T, increased from RP710.35B in the prior year. Revenues reflect an increase in all business segment. Net income also benefited from higher interest income and a presence of gain on foreign exchange.