November 21, 2017 11:24 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 special coal port facilities; operation of steam power plants; and provision of consulting services related to the coal mining industry and production. In addition, the company provides briquette processing, palm plantation, palm processing, and health services. It sells its products in Singapore, Taiwan, Japan, India, China, Cambodia, Thailand, Malaysia, South Korea, and Canada. The company, formerly kn...

Jl. Parigi No. 1

Tanjung Enim

Muara Enim,  31716

Indonesia

Founded in 1950

Phone:

62 73 445 1096

Fax:

62 73 445 1096

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 Presents at IDX-Daiwa-Bahana Best of Indonesia Singapore 2017, Oct-03-2017

PT Bukit Asam (Persero) Tbk Presents at IDX-Daiwa-Bahana Best of Indonesia Singapore 2017, Oct-03-2017 .

PT Bukit Asam (Persero) Tbk Announces Earnings and Production Results for the First Half of 2017; Provides Production Guidance for 2017

PT Bukit Asam (Persero) Tbk announced earnings and production results for the first half of 2017. For the period, the company recorded net income of IDR 1.72 trillion, an increase of IDR 1.01 trillion compared to the previous year of IDR 711.8 billion. Revenue was IDR 8.97 trillion, up 32.7% over the same period in the previous year. For the period, production volume also increased to 11.36 million tons or an increase of 13.4% from the same period in 2016 of 10.02 million tons. The volume of coal production reached 9.43 million tons or 123.3% over the same period of the previous year of 7.65 million tons. With the achievement in the first semester of 2017, and the 2017 the company’s coal production target of 21.92 million ton. The company also targets the 2017 increase in sales to 23.17 million tons, with a composition of 15 million tons to meet domestic demand and 8.17 million tons for export. The domestic sales target is up 22% or 2.7 million tons compared to last year.

PT Tambang Batubara Bukit ASAM TBK To Be Deleted From Other OTC

PT Tambang Batubara Bukit ASAM TBK ordinary shares (Indonesia) will be deleted from Other OTC, effective July 13, 2017. The deletion was due to inactive security.

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Recent Private Companies Transactions

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