ENTITY
Bukit Asam

Bukit Asam (PTBA IJ)

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Analysis
Energy • Indonesia
PT Bukit Asam (Persero) Tbk is an Indonesian state-owned enterprise primarily engaged in coal mining activities, encompassing general surveying, exploration, exploitation, processing, refining, transportation, and trading of coal. The company also operates steam-fired power plants, manages special coal dock facilities, and provides services such as briquette processing, mining services, palm plantation and processing, and health services. It was founded in 1919 with the initiation of coal mining by the Dutch Colonial Government and is headquartered in Tanjung Enim, South Sumatra, Indonesia.
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•30 Nov 2018 06:13

Environment Minister Removes Last Hurdle to Nationalization of Freeport (FCX US) Mine

29 November marked a turning point in the half-century history of the world's largest gold mine (and 2nd largest copper mine), PT Freeport...

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bullish•Bukit Asam
•18 Oct 2018 15:05

PTBA (PTBA IJ): Can Benefit from Selling Mainly to the Local Market

Good gross profit return, improving operating profit, and good chance of target-price upgrade relative to its sector Coal prices should be...

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bullish•Bukit Asam
•03 Jul 2018 12:30

PTBA (PTBA IJ): Strong Fundamentals at Indonesian Coal Miner

Strong net profit momentum, improving operating profit, and low debt levels relative to its sector Coal prices should be supported by China’s...

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bullish•Bukit Asam
•26 Sep 2017 10:31

PTBA: Coal Player with a Solid Balance Sheet

Earnings on an upcycle trend, good cost management, and low debtlevels relative to its sector PTBA plans to begin construction of a steam power...

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bearish•Bukit Asam
•28 Apr 2017 12:04

PTBA : 1Q17 Results

Tambang Batubara Bukit Asam (PTBA IJ) 1Q17 result: Net profit above consensus: PTBA reported strong net profit growth of 162% yoy to reach IDR 871...

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