Bukit Asam reports 280 percent profit growth: what it means for Bukit Asam stock
Published on 10/06/2026 at 02:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Bukit Asam reported net profit of IDR 2.65 trillion for the first half of 2026, up 280.00 percent year over year, while its stock was last quoted at EUR 0.14 in Frankfurt on September 25, 2026. The earnings jump gives the coal producer a stronger operating narrative, but the share remains below its EUR 0.17 52-week high.
Profit growth accelerates
According to CNBC Indonesia on October 5, 2026, Bukit Asam increased first-half revenue 8.00 percent to IDR 22.03 trillion from IDR 20.46 trillion in the same period of 2025. Net profit rose from IDR 0.83 trillion to IDR 2.65 trillion, producing the 280.00 percent year-over-year increase.
The improvement was broader than the bottom line. First-half EBITDA reached IDR 4.27 trillion and net profit margin was 12.00 percent, while the average coal selling price increased 5.00 percent year over year, according to the same October 5, 2026 report from CNBC Indonesia.
Volumes support the result
Bukit Asam produced 19.45 million tons of coal through the first half of 2026 against a full-year target of 50.00 million tons. Sales reached 21.10 million tons, including 10.77 million tons in the domestic market and 10.33 million tons for exports, with shipments to Vietnam, Bangladesh, Cambodia, India and Thailand.
The operating mix matters because the earnings increase combines higher selling prices with volume execution. Supplies to PT PLN reached 7.78 million tons through June 2026, giving the company a material domestic channel alongside export demand. Management also said in the October 5, 2026 report that July and August performance was positive and that full-year results could exceed the annual work plan.
Frankfurt quote below yearly high
Bukit Asam stock was last at EUR 0.14 in Frankfurt on September 25, 2026, while the quoted 52-week range was EUR 0.10 to EUR 0.17. The Jakarta listing closed at IDR 3,270 on October 5, 2026, up 2.83 percent from IDR 3,180, with market capitalization of IDR 37.7 trillion.
Bukit Asam stock facts
- Company: PT Bukit Asam (Persero) Tbk
- Ticker: PTBA
- Primary exchange: Indonesia Stock Exchange
- Substitute price: EUR 0.14 in Frankfurt on September 25, 2026
- 52-week range: EUR 0.10-EUR 0.17
- Jakarta price: IDR 3,270 on October 5, 2026
- Market capitalization: IDR 37.7 trillion as of October 5, 2026
- Sector / Industry: Energy / Thermal Coal
- Index membership: LQ45
