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20240308_PTBA_Laporan Informasi dan Fakta Material_31595253_lamp2.pdf
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(8) BukitAsam S PT BUKIT ASAM TBK RELEASE Niko Chandra, Sekretaris Perusahaan Email: nchandra@bukitasam.co.id Telp : 462 215254014 Ext. 2231 Website: http://www.ptba.co.id Fax :462 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's Future Estimates depend on risks and uncertainties that result in the Company's 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 produce the expected results and no certainty can be given that the estimated achievements or indicated in the Future Estimates in this document will be achieved. PT BUKIT ASAM TBK PERFORMANCE ANNOUNCEMENT AS OF 31 DECEMBER 2023 Supported by Operational Performance, Bukit Asam (PTBA) Achieves Net Profit of IDR 6.1 Trillion in 2023 Jakarta, March 8 2024 - PT Bukit Asam Tbk (PTBA), a member of the MIND ID Mining BUMN Holding, continued to perform well in 2023. The company earned revenue of IDR 38.5 trillion and IDR 9.2 trillion in gross profit. After deducting operating costs, PTBA earned a net profit of IDR 6.1 trillion. As of December 31, 2023, the total assets of the company were IDR 38.8 trillion. Over the course of 2023, PTBA was successful in improving operational performance. From January to December 2023, PTBA produced 41.9 million tons of coal overall, a 134 increase from 371 million tons in 2022. This production accomplishment surpassed the initial 2023 target of 41 million tons. Following this rise in output, coal sales volume increased to 37.0 million tonnes, a17 percent increase over the previous year. With 15.6 million tons of export sales, the company saw a 25X increase in sales over 2022. In the meantime, domestic sales increased by 1246 year over year to 21.4 million tons. This year, the company will face difficulties from changes in the market and adjustments in the price of coal. From January to December 2022, the average ICI-3 coal price was corrected by approximately 34 percent, from USD 127.8 per ton to USD 84.8 per ton annually. In the meantime, components of mining services, rail transportation, and royalty fees increased in the Cost of Goods Sold. Therefore, PTBA continues to strive to maximize domestic market potential as well as export opportunities to maintain good performance. The company also consistently prioritizes cost leadership in every line of the company, so that sustainable efficiency implementation can be carried out optimally.
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(8) BukitAsam S 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 recent market developments and projecting various dynamic factors are how the Company goes about 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. Electric steam generating station Beginning on October 7, 2023, the Sumsel-8 Mine Mouth Steam Power Plant (2x660 MW) has achieved Commercial Operation Date (COD) status. Flue Gas Desulfurization (FGD) technology is used by this PLTU to minimize exhaust gas emissions, and Supercritical Steam Generator technology is utilized for efficiency and environmental safety. Additionally referred to as PLTU Tanjung Lalang, this plant provides PLN with electricity for use in the Sumatran Electricity System for public purposes. 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.
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(8) BukitAsam S 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. 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 December 2023 is 2,222.08 hectares (ha). 5,199.18 ha will be the total area available for Watershed Areas (DAS) rehabilitation as of December 2023. 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. A 100-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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