Bumi Resources' Revenue Increased by 27.6% in 2021

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Reza Pahlevi 29/04/2022 13:00 WIB
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Bumi Resources' Revenue and Net Profit (2017-2021)
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Coal mining company PT Bumi Resources Tbk recorded revenue of US$1 billion in 2021.

The revenue of this company, with the stock code BUMI, increased by 27.6% from US$790.44 million in 2020.

BUMI also reversed its losses, achieving a net profit of US$167.86 million. In the second quarter of 2020, the company recorded a net loss of US$338.02 million.

Bumi Resources owns two coal mines in Indonesia: PT Kaltim Prima Coal (KPC), the largest coal mine in Indonesia, and PT Arutmin Resources.

BUMI's coal production reaches 80 million tons annually. As of September 2021, the company's coal production was recorded at 58.8 million tons.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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