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20250730_ABMM_Laporan Informasi dan Fakta Material_31928657_lamp2.pdf
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PT ABM Investama Tbk 1H 2025
Navigates Industry Headwinds Through Continuous Operational Improvement
Jakarta, July 31st 2025 - PT ABM Investama Tbk (“the Company”) has published its interim
consolidated financial statements for the period ending June 30, 2025. Amid persistent external
challenges—including declining coal prices and extreme weather conditions—the Company has
intensified its focus on improving productivity and implementing disciplined capital management
across all business units.
Despite ongoing market uncertainties, the Company recorded a positive trajectory in both operational
and financial performance during the second quarter of 2025. With this momentum, the Company
remains optimistic that overall performance will continue to improve throughout the remainder of the
year.
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Set to Recover Amid External Pressures
• The Company recorded consolidated revenue at $506.9 million, 12% decline YoY, reflecting
the impact of weakened coal prices and operational challenges due to continuous extreme
weather. Adjusted EBITDA (1) reported at $131.2 million, 44% decline compared to 1H24,
while Net Profit (2) recorded at $27.7 million, lower than 1H24 realization;
• The decline in profitability was primarily driven by lower contribution from the mining
contracting business during the 1H25;
• Extreme weather, in the form of wet hours which recorded higher than 1H24, led to 12% YoY
decreased to 112.0 Mbcm in 1H25 from 127.0 Mbcm in 1H24 on overburden removal volume
by the Company’s mining contractor arm, coal getting volume also declined by 12% YoY to
15.7 Mt in 1H25 accordingly;
• Fuel trading business declined by 7% in fuel sales volume to 193 million litre in 1H25;
• Logistics business maintained a strong performance, with an on-time delivery rate of 92.7%
in 1H25; and
• Services and fabrication business improved its on-time-in-full delivery rate to 85.3%, up from
74.5% last year.
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Strategic Consolidation: Enhancing Long-Term Value
The Company continues to strengthen its position through disciplined capital management and
synergistic growth. The Company’s 30% effective ownership in PT Golden Energy Mines Tbk (“GEMS”)
through PT Radhika Jananta Raya contributed USD 63 million in dividend income in 1H25.
In the coal mining segment, the Company’s—through PT Reswara Minergi Hartama (“RWA”) controlled
70% of PT Nirmala Coal Nusantara which expected to commence its productions in 4Q25. In addition,
RWA has completed the acquisition of PT Piranti Jaya Utama, targeted to commence its operations in
2026. This strategic move is expected to bolster future coal sales volume and enhance long-term
profitability.
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(1) Adjusted EBITDA calculation formula is = Gross Profit – Selling, General, & Administrative Expenses + Depreciation and Amortization
Expense + Share profit of associates
(2) Profit (loss) For The Year attributable to owners of the parent entity
(3) On time delivery calculation formula is = (Early shipment amount + On time shipment amount)/ total shipment amount
(4) On time In-full calculation formula is = The number of deliveries made on time and complete/total number of deliveries
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Outlook: Positioned for a Stronger Second Half In 1H25, the Company focuses on improving productivity and disciplined capital management as part of our response towards industry headwinds. During 2Q25, the Company has seen an increase of overburden removal volume which resulted to an improved financial performance compared to 1Q25. In addition, as part of the Tiara Marga Trakindo Group (“TMT Group”), the Company continuously strengthen synergy between subsidiaries and entities within the group to solidify the Company position as one of reputable mining value chain entity in Indonesia. The Company remains committed to prudent financial management, value creation, and environmental stewardship. The Company has installed solar panels with a capacity of 643.8 kWp at Jambi mining site, implement carbon reduction program in one of logistic business site resulted to reduction of 110 ton CO₂e since 2022, and continuously develop renewable subsidiary operating a biogas power plant in South Kalimantan using palm oil waste. Moreover, the Company actively involved in community empowerment especially on education as the primary focus which are done through numerous in-class teaching, multiple operators development program, and valuable scholarships across Indonesia. These actions have brought benefits for thousands of beneficiaries and highlighted the importance of social and environment factors for the Company. --- Director’s Statement – Hans Manoe “Our first-half performance reflects the external challenges faced by the industry, including prolonged rainfall and coal price adjustments. In response, we accelerated operational and financial improvements across all business units. These actions supported a more resilient second quarter and positioned us for stronger results in the second half. We remain focused on optimizing asset performance, optimizing productivity, and delivering long-term value for all stakeholders.” Hans Manoe - Director of PT ABM Investama Tbk.
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Financial & Operational Highlights Financial Metrics UoM 1H24 1H25 % YoY Revenue USD Mn 573.9 506.9 -11.7 Adjusted EBITDA USD Mn 236.0 131.2 -44.4 Net Income USD Mn 91.2 27.7 -69.6 Total Assets USD Mn 2,112.1 2,074.5 -1.8 Total Liabilities USD Mn 1,324.7 1,224.6 -7.6 Equity USD Mn 787.4 849.9 7.9 Operational Metrics UoM 1H24 1H25 % YoY Overburden Removal Volume Mbcm 127.0 112.0 -11.8 Coal Getting MT 17.8 15.7 -11.8 Fuel Sales Volume Mn Litre 207.6 193.0 -7.0 On Time Delivery (3) % 94.3 92.7 -1.6 On-Time In-Full (4) % 74.5 85.3 10.8 Revenue by Segment Financial Metrics UoM 1H24 1H25 % YoY Services USD Mn 102.2 98.4 -3.7 Manufacturing USD Mn 29.8 17.4 -41.6 Mining Contractors and Coal Mining USD Mn 434.4 363.2 -16.4 Others USD Mn 168.1 159.2 -5.3 Elimination USD Mn -160.6 -131.3 Total USD Mn 573.9 506.9 -11.7 (1) Adjusted EBITDA calculation formula is = Gross Profit – Selling, General, & Administrative Expenses + Depreciation and Amortization Expense + Share profit of associates (2) Profit (loss) For The Year attributable to owners of the parent entity (3) On time delivery calculation formula is = (Early shipment amount + On time shipment amount)/ total shipment amount (4) On time In-full calculation formula is = The number of deliveries made on time and complete/total number of deliveries
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About The Company PT ABM Investama Tbk. (IDX: ABMM) is an integrated energy company through strategic investments in the mining, logistics and industrial engineering services sectors to support the entire energy industry value chain and create clean energy for future sustainability. ABM owns several subsidiaries which are PT Reswara Minergi Hartama (RWA), PT Cipta Kridatama (CK), PT Cipta Krida Bahari (CKB), PT Sanggar Sarana Baja (SSB), PT Prima Wiguna Parama (PWP), PT Nagata Dinamika (ND), and PT Anzara Janitra Nusantara (AJN). As part of PT Tiara Marga Trakindo group companies, ABM pursues a lofty vision of becoming a strategic investments company with integrated energy solution that manages the entire mining value chain. ABM position itself as a Holding Investment for several business entities divided into 2 (two) business sectors. ABM’s integrated business chain or known as the Mining Value Chain (MVC) sector is able to align the operational segments, starting from mining concessions, mining contractor services, fuel management, to coal shipping. In addition, the Logistics, Engineering & New Businesses (LENB) sector, formed by ABM, aims to strengthen synergy and support for the logistics, industrial engineering and renewable energy businesses. Details regarding ABM can be accessed through our official website Home - ABM Investama | Empowering Energy
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PT Reswara Minergi Hartama
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PT Nirmala Coal Nusantara
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PT Piranti Jaya Utama
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PT Cipta Kridatama
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PT Cipta Krida Bahari
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PT Sanggar Sarana Baja
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PT Nagata Dinamika
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PT Anzara Janitra Nusantara
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