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April 26, 2015 7:08 PM ET

Oil, Gas and Consumable Fuels

Company Overview of PT Bukit Asam (Persero) Tbk

Company Overview

PT Bukit Asam (Persero) Tbk, together with its subsidiaries, engages in coal mining activities in Indonesia. The company’s coal mining activities include general surveying, exploration, exploitation, processing, refining, transportation, and trading. It is also involved in the maintenance of coal port facilities; operation of steam power plants; provision of consulting services related to the coal mining industry and production; and briquette processing, palm plantation, and palm processing activities. The company also exports its products. The company was formerly known as PT Tambang Batubara Bukit Asam (Persero) Tbk. PT Bukit Asam (Persero) Tbk was founded in 1950 and is headquartered in T...

Jl. Parigi No. 1

Tanjung Enim,  31716

Indonesia

Founded in 1950

2,903 Employees

Phone:

62 73 445 1096

Fax:

62 73 445 1095

Key Executives for PT Bukit Asam (Persero) Tbk

PT Bukit Asam (Persero) Tbk does not have any Key Executives recorded.

PT Bukit Asam (Persero) Tbk Key Developments

PT Bukit Asam (Persero) Tbk Reports Consolidated Earnings and Production Results for the Year Ended December 31, 2014

PT Bukit Asam (Persero) Tbk reported consolidated earnings and production results for the year ended December 31, 2014. For the year, the company reported total revenues of IDR 13,077,962 million compared to IDR 11,209,219 million a year ago. Profit attributable to owners of the parent was IDR 2,016,171 million or IDR 927 per basic and diluted share compared to IDR 1,826,144 million or IDR 822 per basic and diluted share a year ago. ROI was 21% compared to 25% a year ago. ROA was 14% compared to 16% a year ago. ROE was 23% compared to 24% a year ago. Net cash received from operating activities was IDR 1,976,117 million compared to IDR 2,051,330 million a year ago. Purchase of fixed assets was IDR 724,262 million compared to IDR 1,115,074 million a year ago. Operating profit was IDR 2,310,198 compared to IDR 1,152,838 a year ago. Profit before income tax was IDR 2,674,726 million compared to IDR 2,461,362 million a year ago. In total investments in 2014 amounted to IDR 1.036 trillion. For the year, the company reported total production increased to 16.4 million tons up 8% compared to 2013. Total coal sales were 17,964,551 tonnes compared to 17,760,155 tonnes a year ago.

PT Bukit Asam (Persero) Tbk Presents at Spire Events Pte Ltd Mining Investment Asia 2015 Conference & Expo, Mar-18-2015

PT Bukit Asam (Persero) Tbk Presents at Spire Events Pte Ltd Mining Investment Asia 2015 Conference & Expo, Mar-18-2015. Venue: 8 Sentosa Gateway, Sentosa Island, Singapore 098269, Singapore. Presentation Date & Speakers: Mar-19-2015, Achmad Sudarto, Finance Director and Director.

Bukit Asam Seeks Acquisition Of Mining Service Firm

PT Bukit Asam (Persero) Tbk (JKSE:PTBA) is planning to acquire a mining service firm. Bukit Asam will make the acquisition through its subsidiary. A senior official of Bukit Asam said it was planning to create its own mining service arm to be synergized with its coal mining, through an acquisition which will be implemented in January 2014. Bukit Assam hopes to maximize its efficiency by having its own mining services, as low coal prices would continue through 2015, official added.

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