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Bukit Asam posts Rp4.41 trillion profit for third quarter

Profit attributable to the parent’s owners rose 216.4% year on year, while revenue increased 12.35%.

By Maya Santos

Coal stockpiles and mining equipment at an open-pit mine
Photo: CNBC Indonesia

PT Bukit Asam (Persero) Tbk’s third-quarter 2026 profit attributable to owners of the parent reached Rp4.41 trillion, a 216.4% year-on-year increase. The Indonesian state-owned coal miner had recorded Rp1.39 trillion a year earlier.

The company’s financial statements, filed with the Indonesia Stock Exchange on 29 October 2026, put revenue at Rp35.20 trillion, up 12.35% from Rp31.33 trillion. Cost of revenue increased 0.61%, while gross profit rose 103.77%, reaching Rp7.27 trillion against Rp3.56 trillion previously.

Operating profit came to Rp5.11 trillion, a rise of 220.44% from Rp1.59 trillion. Pre-tax profit climbed 212.31%, reaching Rp5.74 trillion from Rp1.84 trillion. With income tax expenses of Rp1.32 trillion, profit for the period stood at Rp4.42 trillion, up 215.55%.

Among expenses, general and administrative costs were Rp1.70 trillion, 12.66% higher than Rp1.51 trillion a year earlier. Selling and marketing expenses totalled Rp634.77 billion versus Rp559.38 billion. Other net income reached Rp184.86 billion, compared with Rp100.46 billion.

The company reported Rp51.55 trillion in assets, against Rp43.92 trillion at 31 December 2025.

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