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PT Bukit Asam Tbk (PTBA) investor relations material
PT Bukit Asam Tbk Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for Q1 2026 was Rp9.93 trillion, nearly flat year-over-year, with net profit up 105% to Rp806.1 billion compared to Q1 2025.
Gross profit rose 47% year-over-year to Rp1.54 trillion, driven by lower cost of revenue and improved segment margins.
Coal sales to related parties, especially PLN Group, accounted for 46% of consolidated revenue in Q1 2026.
Financial highlights
Revenue: Rp9.93 trillion for Q1 2026, compared to Rp9.96 trillion in Q1 2025.
Net profit: Rp806.1 billion, up from Rp396.8 billion year-over-year.
Gross profit: Rp1.54 trillion, up from Rp1.05 trillion year-over-year.
Basic and diluted EPS: Rp70, up from Rp34 in Q1 2025.
Total assets: Rp43.23 trillion as of March 31, 2026, down from Rp43.92 trillion at year-end 2025.
Total equity: Rp23.67 trillion as of March 31, 2026.
Outlook and guidance
Management continues to focus on operational efficiency and compliance with new mining and energy regulations.
No specific forward-looking financial guidance provided, but regulatory changes on DMO and benchmark pricing are expected to impact future performance.
- Net profit fell to Rp2.96 trillion in 2025 despite stable revenue, amid rising costs and regulatory shifts.PTBA
Q4 20257 Apr 2026 - Net profit fell to Rp1.39 trillion on flat revenue and higher costs amid regulatory changes.PTBA
Q3 20252 Dec 2025 - Revenue up 4% but net profit down 59% as regulatory and cost pressures intensify.PTBA
Q2 202511 Aug 2025 - Revenue up 10.5% to Rp30.66T, net profit down 16.6% to Rp3.26T, margins narrowed.PTBA
Q3 202413 Jun 2025 - Revenue up 4% but net profit down 29% as margins tighten and costs rise.PTBA
Q2 202413 Jun 2025 - Net profit fell 50.6% year-over-year despite higher revenue, reflecting margin pressure.PTBA
Q1 20256 Jun 2025 - Revenue up, profit down; regulatory shifts to impact liquidity and mining operations.PTBA
Q4 20245 Jun 2025
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