Coal Average Selling Price Increase

In 2Q22, KLBF posted sales of IDR6.9 trillion led by growth in the Nutrition segment (+9.8% YoY). Meanwhile, cumulatively 1H22 sales were recorded at IDR13.9 trillion (+12.2% YoY). Amid rising raw material prices in 1H22, both gross profit and net profit in 1H22 were able to grow by 7.4% YoY and 9.3% YoY, respectively. In addition, KLBF increases its ASP by 3% – 5% on certain products.

Asset Growth

In 2Q22, KLBF posted sales of IDR6.9 trillion led by growth in the Nutrition segment (+9.8% YoY). Meanwhile, cumulatively 1H22 sales were recorded at IDR13.9 trillion (+12.2% YoY).

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