Coal Average Selling Price Increase

Solid results in Q1 2024, where GOTO managed to reduced its net loss, which shrink by 78% YoY to IDR 862 billion as of 1Q24, from –IDR 3.8 trillion. The company also recorded a solid growth in its Top Line. Revenues grew 22% YoY to IDR 4.08 trillion, up 22% from net revenues in the first quarter of 2023, which amounted to IDR 3.33 trillion.

Asset Growth

Solid results in Q1 2024, where GOTO managed to reduced its net loss, which shrink by 78% YoY to IDR 862 billion as of 1Q24, from –IDR 3.8 trillion. The company also recorded a solid growth in its Top Line.

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