Press Release

PT Bukit Asam (Persero) Tbk. or PTBA in earned the highest net profit margin (14%) in Indonesia Mining Industry for 2015 January to September period. PTBA NPM also ranks the fourth highest among world-class coal companies. PTBA also obtained 16% operating profit margin (OPM) and 29% gross profit margin (GPM), as reported by Bloomberg. Indonesian Coal Mining Association (ICMA) and the Indonesia Mining Institute (IMI) estimates that since 2011, approximately 70% of national coal industry players suffered great losses and 40% already shut down their production. However, PTBA still gain achievements despite the the coal selling price dropped to IDR 712,099 per ton

Up to end of 2015 September, PTBA net income recorded of Rp1.5 trillion. It was Rp0,34 trillion (Q1), Rp0,45 trillion (Q2) and Rp0,71 trillion (Q3). PTBA revenue increased to Rp10.5 trillion (9%). The increase came from the cost efficiencies through the optimization program and coal sales volume increase to 14.35 million tons, 8% increase compared to last year. Domestic (52%) and overseas (48%) sales with priority of exporting high calories coal. Based on the operational and financial performance improvement in January to September period, PTBA remained firm to achieve better performance in 2015.