2 February 2024
Company Report | [HRUM] Diversification Efforts Continue As Coal Prices Normalize
PT Harum Energy Tbk. (HRUM) reported an overall decline in performance in 9M23 as revenue fell by 5.9% YoY (IDR 9,713 billion vs IDR 10,322 billion). This fall in sales was caused by a decline in average selling price (ASP) by 33.2% YoY (USD120.1/ton vs USD179.9/ton ), in line with global coal prices.





