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Premier Insight : PTBA, posted net profit amounted to Rp1.4tn in 1Q18, up 66.6% yoy.
Thursday, April 19, 2018       09:27 WIB

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Bukit Asam ( IJ; Rp3,480; Under Review) posted net profit amounted to Rp1.4tn in 1Q18, up 66.6% yoy. The earnings figure came above ours and consensus full year estimate with 37.9% and 35.5% achievement, respectively. The solid bottom-line was supported by revenue that spiked by 26.4% yoy to Rp5.7tn and margins expansion across the board. Gross, operating and net margin in 1Q18 stood at 44.9%, 34.9% and 25.2% vs 37.2%, 25.8% and 19.2%, respectively. (Bisnis Indonesia).

Sumber : IPS RESEARCH

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