Coal Average Selling Price Increase

A solid result recorded in 2Q24, as GOTO managed to lower its net loss, which shrank to –IDR 1.83 trillion from –IDR 3.29 trillion last year. It was supported by operating expenses, which fell by –40.8% to IDR 2.59 trillion. The company also posted growth in its net revenue of 3.01% YoY at IDR3.65 trillion from IDR 3.55 trillion in 2Q23 with a lower incentives.

Asset Growth

A solid result recorded in 2Q24, as GOTO managed to lower its net loss, which shrank to –IDR 1.83 trillion from –IDR 3.29 trillion last year.

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