Press Release

PT Bukit Asam (Persero) Tbk or PTBA recorded 9.03 million tonnes coal sales in 2015 first half. The figure was 2.02 percent increase compared to last year's sales on the same period (8.83 million tonnes). The sales were 4.41 million tonnes exports (20 increased) and 4.62 million tonnes domestic sales (10 percent decreased). Export composition was 49 percent while domestic sales was 51 percent. The main export destination countries were Taiwan, Japan, Malaysia and India, as well as to penetrate other potential new markets, such as Cambodia, South Korea, Sri Lanka, Bangladesh, and Vietnam.

PTBA obtained 6.51 trillion rupiah on revenue (1 percent increased) compared to last year's revenue within the same period. Despite average selling price felt 3 percent to 703,005 rupiah per ton coals compared to last year (726,766 rupiah) on the same period. The Company earned Net Income of 0.8 trillion rupiah, 26 percent Gross Profit Margin (GPM), 14 percent Operating Profit Margin (OPM) and 12 percent net profit margin (NPM).

Coal sales volume was 8.32 million tonnes (own production) and 0.82 million tonnes (purchased from third parties). The sales volume increase was resulted from increase transport capacity of the railway from Tanjung Enim mine. Meanwhile, Tanjung Enim mine Stripping Ratio (SR) rose to 4.91 times compared to 4.52 times on same period last year. The increase was due to new pit opening to meet 2015 production targets.