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Coal Average Selling Price Increase PTBA’s 2Q22 export portion increased to 38% (Vs. 33% 1Q22), becoming a positive catalyst for the Company which is targeting Net Profit to penetrate IDR10Trn FY22 (Vs. 1H22 IDR6.2Trn). Supported by the price of ICE Newcastle coal in 1H22, which averaged USD315/Ton, and penetrated the All Time High of more than USD415/Ton in early September 2022. Apart from India, Southeast Asia and East Asia, PTBA is also exploring demand opportunities in a number of European countries. Asset Growth PTBA’s 2Q22 export portion increased to 38% (Vs. 33% 1Q22), becoming a positive catalyst for the Company which is targeting Net Profit to penetrate IDR10Trn FY22 (Vs. 1H22 IDR6.2Trn). |
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