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20240501_PTBA_Laporan Informasi dan Fakta Material_31633108_lamp1.pdf
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a BukitAsam £ PT BUKIT ASAM TBK RELEASE Niko Chandra, Corporate Secretary Email: nchandra@bukitasam.co.id Telp : 462 215254014 Ext. 2231 Website: http://www.ptba.co.id Fax 1462 215254002 Disclaimer: This document contains financial information and results of operations, and may also contain projections, plans, strategies, or objectives of the Company. which can be treated as a forward looking statement of the Company in accordance with applicable law. The Company' Future Estimates depend on risks and uncertainties that result in the Companys actual achievements and future achievements materially different from those expected or indicated in the estimates. PT Bukit Asam Tbk does not guarantee that any action based on this document will roduce the expected results and no certainty can be given that the estimated achievements or indicated in the Euture Estimates in this document will be achieved. PT BUKIT ASAM TBK PERFORMANCE ANNOUNCEMENT AS OF MARCH 31, 2024 Production and Sales Grow, PTBA Achieves Revenue of IDR 9.4 Trillion in First @uarter 2024 Jakarta, 30 April 2024 - PT Bukit Asam Tbk (PTBA), a member of the MIND ID Mining BUMN Holding, succeeded in maintaining good performance in the first gUarter of 2024. In the first 3 months of 2024, the Company managed to record revenue of IDR 9.4 trillion and EBITDA of IDR 1.5 trillion. After deducting costs, PTBA posted a net profit of IDR 790.9 billion. Meanwhile, the company's total assets as of March 31 2024 were IDR 38.4 trillion. The achievement of net profit was supported by an increase in the Company's operational performance throughout the first guarter of 2024. PTBA's total coal production in the first guarter of 2024 reached 7.3 million tons, growing 7 percent compared to the same period in 2023, namely 6.8 million tons. This increase in production is in line with the increase in coal sales volume by 10 percent to 9.7 million tons. In the first guarter of 2024, the Company recorded PTBA export sales of 3.8 million tons, an increase of 4 percent compared to the same period the previous year. There has been an increase in exports to a number of countries, including India, South Korea, Thailand, Vietnam, Malaysia. Meanwhile, the realization of Domestic Market Obligations (DMO) was recorded at 5.9 million tons or grew 14 percent annually. The realization of coal transportation via railway in January-March 2024 reached 8.4 million tons, an increase of 9 percent compared to the same period last year. Even though it was affected by the collapse of a girder on the Bantaian flyover construction project last March, coal transportation via the railway was still able to reach the target. Challenges for the Company this year include corrections in coal prices and market fluctuations. The average ICI-3 coal price index was corrected by around 21 percent on an annual basis from USD 100.44 per ton in January-
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a BukitAsam £ March 2023 to USD 78.9 per ton. Meanwhile, the average Newcastle coal price index was corrected 49 percent on an annual basis to USD 125.76 perton. Therefore, PTBA continues to strive to maximize domestic market potential and export opportunities to maintain good performance. The Company also consistently prioritizes cost leadership in every line of the company, so that the implementation of sustainable efficiency can be carried out optimally. Apart from that, the Company hopes that the formation of a Management Agency Partner (MIP) can be realized soon and will have a good impact on PTBA's financial performance. Company Target 2024 Observing the latest market developments and projecting various dynamic factors is how the Company carries out its planning. The 2024 coal production, sales and transportation targets set by PTBA are 41.3 million tons, 43.1 million tons and 33.7 million tons respectively. Development Project Progress Coal Downstreaming The PTBA is dedicated to promoting public policies that uphold national energy security and promote coal downstreaming. Cooperation was formed with different stakeholders to promote higher coal added value. This involves working together with different universities and the National Research & Innovation Agency (BRIN). In cooperation with possible partners, the company has donated land for the growth of downstream industries. To ensure that the downstream industry's coal needs are met, PTBA has also set aside special coal reserves for downstream projects. Development of Renewable Energy Globally, energy transitions are occurring. The government has set a target of Net Zero Emission by 2060. PTBA also aspires to become a global energy company that cares for the environment. Thus, business diversification into the emerging and new energy sector (EBT) is carried out. As of right now, Perseroan has built PLTS in Soekarno-Hatta Sguare in collaboration with PT Angkasa Pura II (Persero), which has been operating since October 2020. The aforementioned PLTS is located in the Gedung Airport Operation Control Center (AOCC) and has a maximum capacity of 241 kwp. In addition to Angkasa Pura II, PTBA collaborates with Jasa Marga Group on PLTS development in the tol. The 400 kWp PLTS located on Jalan Tol Bali-Mandara was successfully built and installed on September 21, 2022. PTBA is currently also exploring opportunities to develop hydrogen-based EBT, both for its own needs and to support strengthening the need for partnerships in PTBA's transportation and production business chain system in the future.
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a BukitAsam £ Transportation of Coal Project Inan effort to enhance the capacity of coal transportation via the Tanjung Enim - Keramasan railway line, PTBA has begun building a new coal handling facility. On December 30, 2023, a historic procession was held in Tanjung Enim to commemorate this. The building of this facility isa component of PTBA's partnership with PT Kereta Api Indonesia (Persero), also known as KAI, to develop 20 million tons of annual capacity coal transportation on the Tanjung Enim - Keramasan link. While PT Kereta Api Logistik (Kalog) constructed the dock facilities in Keramasan, PT KAI prepared the infrastructure and facilities for the rail transportation mode. Carbon Management Good Mining Practices are implemented by PTBA in conjunction with decarbonization programs to assist the Government in reaching the Net Zero Emission target by 2060. The entire reclamation area of PTBA as of March 2024 is 2,222.08 hectares (ha). 5,199.18 ha will be the total area available for Watershed Areas (DAS) rehabilitation as of March 2024. In addition to land revegetation, PTBA has put in place several initiatives to help with decarbonization. Operationally, the company uses Eco Mechanized Mining, which substitutes electricity for fossil fuel-powered mining eguipment. A100-ton class hybrid diesel and electric dump truck, an electric mining pump, and a PC-3000 shovel electric excavator are a few of the electricity-powered eguipment that PTBA has utilized. Additionally, PTBA has run electric buses at Tanjung Enim Mining Unit and Tarahan Port. In addition, the company uses the E-Mining Reporting System, an online real- time production reporting system, to reduce the amount of fuel used for traditional monitoring. The carbon management roadmap for PTBA through 2060 includes these decarbonization initiatives, which will be developed and implemented sustainably across the board in order to achieve the best possible outcomes for all business divisions. For more information, please contact: Niko Chandra Corporate Secretary PT Bukit Asam Tbk nchandra@bukitasam.co.id www.ptba.co.id
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