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Coal Average Selling Price Increase As of the first semester in 2023, PWON recorded a profit of IDR 1.1 trillion (+45.8% YoY). The increase in profit was in line with revenue, which increased by 5% YoY. Contributions from recurring income still dominated at 76% of total revenue during 1H23. In addition to increased revenue, cost efficiency was also one of the factors in PWON’s profit increase; NPM was 37.9% (vs 1H22: 27.4%). . Asset Growth As of the first semester in 2023, PWON recorded a profit of IDR 1.1 trillion (+45.8% YoY). The increase in profit was in line with revenue, which increased by 5% YoY. Contributions from recurring income still dominated at 76% of total revenue during 1H23. |
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