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Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as revenue in the 3rd quarter, up 13.31% year-on-year. BUMI has recorded US$ 587.88 million as revenue in the same period last year.
 
According to the BUMI's financial report as of September 31, 2021, Bumi Resources and its subsidiaries' income have increased. Revenue from coal sales by BUMI and its subsidiaries reached US$ 657.94 million in quarter 3, an annual growth of 12.40% compared to last year's US$ 585.33 million.
 
The financial report further noted that, Coal sales have contributed 98.8% of the total revenue of BUMI and its subsidiaries as of end of September 2021.  The company's revenue from coal exports has increased to US$ 328.9 million, up 27.49% YoY.
 
In the same period, domestic coal sales by BUMI and its subsidiaries increased 0.51% on an annual basis to US$ 329.04 million. 


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Recent News

Thursday, 23 December 21
COAL DEMAND TO PEAK IN INDIA BY 2030, WILL BACK UP RENEWABLES: NITI REPORT - BUSINESS STANDARD
Coal will remain India’s mainstay energy source and the country will shape global demand this decade, two reports have said a month after the ...


Thursday, 23 December 21
INDONESIA’S 2022 COAL OUTPUT SEEN BETWEEN 637 MLN-664 MLN T- OFFICIAL - REUTERS
Indonesia’s 2022 coal output is estimated at between 637 million to 664 million tonnes based on production plans currently being finalised, s ...


Thursday, 23 December 21
VALE ANNOUNCES THE SALE OF ITS COAL ASSETS
Vale informs that, on this date, it has entered into a binding agreement with Vulcan to sell the Moatize coal mine and the Nacala Logistics Corrido ...


Thursday, 23 December 21
INDIA: CAPTIVE POWER PRODUCERS URGE GOVT TO ENSURE NORMAL COAL SUPPLIES - PTI
A captive power producers’ association has urged the government for 100 per cent normalisation of coal supply to captive power producers whil ...


Thursday, 23 December 21
MARKET INSIGHT - INTERMODAL
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