Tag: PT Bumi Resources Tbk

Indonesia: Bumi Resources (BUMI) Stays Firm on Coal Output Target despite Weak Global Sentiment

Aug 2, 2019

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by

Aditya Sinha

in Non Coking

Bumi Resources Tbk PT (IDX: BUMI) – Indonesia’s biggest thermal coal producer by volume – has stood firm with its production forecast for the year regardless of a sharp decline in its profits during the first half because of the persistent weakness in the global seaborne coal markets. In the January to June period of…