PT Bukit Asam (Persero) Tbk - Company Profile

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PT Bukit Asam (Persero) Tbk: Overview

PT Bukit Asam (Persero) Tbk (PTBA) is a coal mining company. It carries out general surveying, exploration, exploitation, processing, and refining, including transportation and trade of coal. The company produces coal of different qualities. PTBA also trades in coal produced by third parties, and operates ports for coal transportation, for its own purpose and provides it for third parties. The company also provides consulting and engineering services for coal mining, besides further processed products. It also produces power at its thermal power plants and offers briquette, palm processing, health service, palm plantation and mining services. It offers its products and services in Indonesia, China, Philippines, Taiwan, Japan, India, Malaysia, Korea, Thailand, Vietnam, Hong Kong and Other countries. PTBA is headquartered in Palembang, Sumatra Selatan, Indonesia.

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Headquarters Indonesia

Address Jl. Parigi No. 1, Tanjung Enim, Muara Enim, Palembang, Sulawesi Selatan, 31716


Telephone 62 73 4451096

No of Employees 1,561

Industry Metals and Mining

Ticker Symbol & Exchange PTBA (JAK)

Revenue (2022) $2.5B -9.8% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ -51.4% (2022 vs 2021)

Market Cap* $2.3B

Net Profit Margin (2022) XYZ -46.2% (2022 vs 2021)

* As of and is in US$
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PT Bukit Asam (Persero) Tbk premium industry data and analytics

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on PT Bukit Asam (Persero) Tbk’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Coal Mining Service
Electricity Port Service
Water Transportation
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In October, the company and PT Kereta Api Indonesia entered into a short-term agreement for coal transportation with the Tanjung Enim Baru, Tarahan and Tanjung Enim Baru, Kertapati for the period 2023 - 2027
2023 Contracts/Agreements In August, the company signed a memorandum of understanding with China Huadian Overseas Investment Co to jointly develop renewable energy businesses in Indonesia.
2023 Contracts/Agreements In February, the company signed the Memorandum of Understanding (MOU) extension with PT Jasa Marga (Persero) Tbk for the Development of Solar Power Plants in all Jasa Marga Group’s toll roads.
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Competitor Comparison

Key Parameters PT Bukit Asam (Persero) Tbk PT Adaro Energy Tbk PT Bayan Resources Tbk PT Indo Tambangraya Megah Tbk PT Bumi Resources Tbk
Headquarters Indonesia Indonesia Indonesia Indonesia Indonesia
City Palembang Jakarta Selatan South Jakarta Jakarta Selatan Jakarta
State/Province Sulawesi Selatan Daerah Khusus Ibukota Jakarta Raya Jakarta Daerah Khusus Ibukota Jakarta Raya Daerah Khusus Ibukota Jakarta Raya
No. of Employees 1,561 13,980 3,819 2,265 1,096
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Arsal Ismail Director; President Senior Management 2021 58
Rafil Yandra Director - Business Development Senior Management 2021 53
Farida Thamrin Director - Finance and Risk Management Senior Management 2021 49
Suhedi Director - Operation and Production Senior Management 2021 58
Apollonius Andwie Secretary Senior Management - 53
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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