Bukit Asam (PTBA) Books Revenue Of IDR 9.96 Trillion To The First Quarter Of 2025

JAKARTA - PT Bukit Asam Tbk (PTBA), a member of the MIND ID Mining BUMN Holding, posted revenue of Rp9.96 trillion in the first quarter of 2025. At the same time, PTBA achieved a net profit of Rp391.48 billion and EBITDA Rp1.05 trillion.

The total assets of PTBA as of March 31, 2025, were recorded at IDR 42.26 trillion or grew 10 percent on an annual basis.

This net profit achievement was supported by PTBA's operational performance during the first quarter of 2025. In this case, PTBA's coal export sales reached 5.09 million tons, an increase of 34 percent on an annual basis. Meanwhile, coal sales in the domestic market reached 5.19 million tons.

"The total sales in the first quarter of 2025 reached 10.28 million tons or grew 7 percent on an annual basis," said PTBA Corporate Secretary Nico Chandra as quoted from his written statement, Thursday, May 1.

The company also noted that the realization of coal transportation in January-March 2025 reached 9.41 million tons, an increase of 12 percent compared to the same period last year.

PTBA's positive performance can be achieved despite various challenges, including coal price corrections due to global market fluctuations. The average ICI-3 coal price index was corrected 12 percent on an annual basis from 78.86 US dollars per ton in the first quarter of 2024 to 69.37 US dollars per ton in the first quarter of 2025.

In addition, Newcastle's average coal price index corrected 17 percent on an annual basis to 104.56 US dollars per ton in the first quarter of 2025 compared to the first quarter of 2024 of 125.76 US dollars per ton.

Meanwhile, the average price of fuel oil (BBM) in the first quarter of 2025 reached IDR 15,127 per liter, an increase of 10 percent on an annual basis from the average price in the first quarter of 2024 of IDR 13,718 per liter.

Fuel consumption by the company in the first quarter of 2025 also increased along with the increase in production volume and transportation distance.

PTBA also continues to strive to maximize domestic market potential and export opportunities to maintain good performance. "The company is also trying to implement sustainable efficiency optimally," he said.

PTBA also conducts careful planning by observing the latest market developments and anticipating various dynamic factors.

By 2025, PTBA targets to produce 50.05 million tons of coal, 50.09 million tons of sales and 43.25 million tons of transportation.