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Coal Average Selling Price Increase PT Indo Tambangraya Megah Tbk. (ITMG) reported a 29% YoY fall in revenue for 1Q24 (USD 489 million vs USD 685 million) despite an 11% YoY increase in sales volume. This is caused by a 36% YoY decrease in ASP from $151/ton to $97/ton, in-line with falling global coal benchmark prices. Asset Growth PT Indo Tambangraya Megah Tbk. (ITMG) reported a 29% YoY fall in revenue for 1Q24 (USD 489 million vs USD 685 million) despite an 11% YoY increase in sales volume. |
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