PT Adaro Andalan Indonesia (AADI) Q2 2025 earnings summary

Executive summary

• Interim consolidated financial statements for the six months ended June 30, 2025, were reviewed with a limited review opinion and no material misstatements identified.

• The group operates in coal mining, energy, logistics, and related services, with a broad portfolio of subsidiaries across Indonesia and internationally.

Financial highlights

• Sales and revenue for H1 2025 were $2,399.6 million, down from $2,656.5 million in H1 2024.

• Net profit attributable to the parent was $428.7 million, a decrease from $858.9 million in the prior year.

• Gross profit margin declined as gross profit fell to $695.5 million from $777.2 million year-over-year.

• Total assets increased to $6,088.1 million from $5,992.7 million at year-end 2024.

• Cash and cash equivalents at period end were $1,433.9 million, down from $1,518.7 million at the start of the year.

Outlook and guidance

• The group continues to invest in power generation and water infrastructure projects, supported by new and existing syndicated loan facilities.

• Management expects to maintain compliance with financial covenants and sees adequate insurance coverage for assets and inventories.