Coal Average Selling Price Increase

Solid results in the second quarter of 2024, where ASSA managed to book a +224% YoY net profit of Rp 57.42 billion, compared to 2Q23 profit of Rp 17.74 billion. The net profit growth is
a result of efficiency in business segments, especially Anteraja, which can cover the weakness in ASSA’s revenue that fell by 4.5% to Rp 1.18 trillion from 2Q23 revenue of Rp 1.24 trillion.

Asset Growth

Solid results in the second quarter of 2024, where ASSA managed to book a +224% YoY net profit of Rp 57.42 billion, compared to 2Q23 profit of Rp 17.74 billion.

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