Bukit Asam stock targets 50 million tons as output accelerates

Published on 10/08/2026 at 10:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bukit Asam stock is tied to a 50 million tons 2026 production plan after 19.45 million tons in H1. First-half net profit rose 218 percent to IDR 2.65 trillion.

Bukit Asam, ID1000094006, Illustration mit AI erstellt.

Bukit Asam (ISIN ID1000094006) was trading at IDR 3,350 on the Indonesia Stock Exchange on October 8, 2026 at 2:52 p.m. WIB, down 0.89 percent from the prior close. The fresh operating target gives Bukit Asam stock a concrete second-half milestone as the coal producer works to lift output.

Production plan reaches 50 million tons

According to CNBC Indonesia on October 8, 2026, management is pursuing coal production of 50 million tons for 2026 after output reached 19.45 million tons in the first half. The target depends on stronger mining activity after the wetter opening months of the year.

The same report said first-half coal sales reached 21.10 million tons, including 28 million tons of planned transport capacity through the Babaranjang rail system to Tarahan. The production target therefore rests on both mine performance and logistics capacity.

First-half profit resets the base

CNBC Indonesia reported that Bukit Asam generated IDR 22.03 trillion in revenue in the first half of 2026, up 8 percent from IDR 20.46 trillion a year earlier. Net profit rose 218 percent to IDR 2.65 trillion from IDR 0.83 trillion.

The contrast matters for the stock: revenue growth was measured, while profit expanded much faster. That spread gives the 50 million ton production target greater importance because investors will ultimately assess whether volume growth can preserve the first-half earnings improvement.

Exploration adds a longer runway

According to EmitenNews on October 8, 2026, Bukit Asam carried out third-quarter exploration across Tanjung Enim, Ombilin and Peranap. The program covered 113 drilling points and incurred unaudited costs of IDR 42.84 billion.

The exploration is designed to verify coal resources and reserves, adding a reserve-development angle to the immediate production story. It also creates a longer-term operational counterweight to the stock's dependence on coal prices and current mine output.

Price stays below yearly high

Bukit Asam stock was trading at IDR 3,350 on October 8, 2026, with an intraday range of IDR 3,310 to IDR 3,400. The 52-week range was IDR 2,170 to IDR 3,490, placing the share price IDR 140 below the yearly high.

Market capitalization stood at IDR 38.6 trillion on October 8, 2026, while volume reached 17,530,300 shares. According to Investing.com, the consensus rating is Buy from 15 analysts, with an average 12-month target of IDR 3,103.33, a high of IDR 3,600 and a low of IDR 1,800. The average target is IDR 246.67 below the October 8 price, leaving the price 8.0 percent above the target.

Key figures for Bukit Asam stock

The production target, first-half earnings rebound and reserve drilling give investors three separate measures for judging Bukit Asam's next update: output, profitability and mine life.

Stock trades at IDR 3,350

Bukit Asam stock was last at IDR 3,350 on the Indonesia Stock Exchange on October 8, 2026 at 2:52 p.m. WIB, with a daily change of minus 0.89 percent.