December 28, 2014 1:33 PM ET

Oil, Gas and Consumable Fuels

Company Overview of PT Bukit Asam (Persero) Tbk

Company Overview

PT Bukit Asam (Persero) Tbk, together with its subsidiaries, is engaged in coal mining activities primarily in Indonesia. The company’s coal mining activities include general surveying, exploration, exploitation, processing, refining, transportation, and trading. It is also involved in the maintenance of coal port facilities; operation of steam power plants; provision of consulting services related to the coal mining industry and production; and development of coal briquettes, as well as in coal trading. The company was founded in 1950 and is headquartered in Tanjung Enim, Indonesia.

Jl. Parigi No. 1

Tanjung Enim,  31716

Indonesia

Founded in 1950

3,115 Employees

Phone:

62 73 445 1096

Fax:

62 73 445 1095

Key Executives for PT Bukit Asam (Persero) Tbk

PT Bukit Asam (Persero) Tbk does not have any Key Executives recorded.

PT Bukit Asam (Persero) Tbk Key Developments

Bukit Asam Seeks Acquisition Of Mining Service Firm

PT Bukit Asam (Persero) Tbk (JKSE:PTBA) is planning to acquire a mining service firm. Bukit Asam will make the acquisition through its subsidiary. A senior official of Bukit Asam said it was planning to create its own mining service arm to be synergized with its coal mining, through an acquisition which will be implemented in January 2014. Bukit Assam hopes to maximize its efficiency by having its own mining services, as low coal prices would continue through 2015, official added.

PT Bukit Asam (Persero) Tbk Presents at Real Indonesia Conference, Nov-10-2014

PT Bukit Asam (Persero) Tbk Presents at Real Indonesia Conference, Nov-10-2014 . Venue: Makassar, Indonesia.

PTBA Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

PTBA reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of IDR 3,229 billion compared to IDR 2,690 billion a year ago. Operating profit was IDR 458 billion compared to IDR 423 billion a year ago. Net profit was IDR 426 billion compared to IDR 374 billion a year ago. For the nine months period, the company reported revenue of IDR 9,656 billion, operating profit was IDR 1,851 billion and net profit was IDR 1,582 billion.

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Recent Private Companies Transactions

Type
Date
Target
Buyback
March 7, 2014
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