From Adaro, GoTo to AnterAja, Boy Thohir Owns the Stock!

Jakarta, CNBC Indonesia – RI mining tycoon Garibaldi ‘Boy’ Thohir is increasingly expanding his business portfolio, which now includes technology companies. Boy Thohir, who previously focused on the mining industry after being able to grow Adaro Energy (ADRO), seems to be aggressively diversifying his business. The coal industry, which is the main support for the […]

Blessings of Coal, PTBA Profit Increases 231% to IDR 7.9 T in 2021

Jakarta, CNBC Indonesia – The state-owned mining company PT Bukit Asam Tbk (PTBA) today, Monday (7/3/2022) released its 2021 financial report. Similar to other coal issuers that scored strong performances, PTBA also experienced significant growth over the past year, thanks to soaring coal prices. PTBA posted a profit for the year attributable to owners of […]

Blessing of Coal Price, ITMG’s Profit Soars 1.105% in 2021

Jakarta, CNBC Indonesia – The high price of coal is a blessing for coal companies, including PT Indo Tambangraya Megah Tbk (ITMG). Throughout last year, ITMG managed to record a net profit that skyrocketed to 1.105% year-on-year (yoy). The company posted a profit for the year attributable to owners of the parent company of US$ […]