According to the financial report of PT Bayan Resources Tbk (BYAN), the company's revenue from the beginning of the year to September 30, 2026 reached US$2.43 billion.
The value decreased slightly by 0.23% year-on-year compared to January-September 2025, which was US$2.44 billion.
In the last five years since January-September 2022, BYAN's revenue has consistently declined, making this year's earnings the lowest yet.
The revenue for the first nine months of 2026 was supported by coal sales to third parties worth US$2.42 billion and non-coal sales to third parties worth US$14.27 million.
However, the company managed to reduce its cost of revenue to 5.78% year-on-year to US$1.57 billion as of September 30, 2026. As a result, BYAN's gross profit reached US$864.03 million, an increase of 11.73% year-on-year.
Meanwhile, the attributable profit for the current period to the owners of the parent entity at the end of the third quarter of 2026 amounted to US$589.68 million. This net profit increased by 12.93% year-on-year.
However, the profit of this conglomerate issuer owned by Low Tuck Kwong and Andi Syamsuddin Arsyad, also known as Haji Isam, has not surpassed the highest achievement recorded in January-September 2022, as shown in the chart.
As of September 30, 2026, BYAN's assets amounted to US$3.49 billion, an increase of 3.44% compared to the end of 2025. Its liabilities amounted to US$724.61 million and equity to US$2.77 billion.
On Thursday (November 12, 2026), Katadata.co.id reported that BYAN was included in the list of high shareholding concentration (HSC) stocks.
Haji Isam recently became a shareholder of BYAN through PT Jhonlin Baratama, which controls 30.25% of the company's shares. BYAN's ownership concentration rate was recorded at 96.5%.