Management Discussion & Analysis

PT HARUM ENERGY Tbk
9M 2021 Summary and Highlights
 
Important Note:  The results provided below reflect the unaudited consolidated results of PT Harum Energy Tbk. (“the Company”) for the 9-month period ending 30 September 2021, which include the results of PT Mahakam Sumber Jaya (“MSJ”), PT Layar Lintas Jaya (“LLJ”), PT Santan Batubara (“SB”), PT Karya Usaha Pertiwi (“KUP”), PT Bumi Karunia Pertiwi (“BKP”), PT Tambang Batubara Harum (“TBH”), PT Tanito Harum Nickel (“THN”), Harum Energy Australia Ltd, Harum Energy Capital Ltd, and Harum Asia Capital Pte Ltd. The report below is prepared by the management and unaudited.
 
  • Coal sales volume in 3Q 2021 totaled 0.9 million tonnes (Mt), or 22.7% higher than 0.7Mt sold in the previous quarter. In 9M 2021, coal sales volume totaled 2.5Mt, or 5.5% higher than the volume sold in the same period a year ago.
  • The Company’s Average Sales Price in 3Q 2021 is USD 94.5/t, or 26.6% higher than USD 74.6/t achieved in 2Q 2021. The ASP achieved in 9M 2021 increased by 45.4% to USD 78.7/t from USD 54.2/t achieved in the same period last year;
  • Total revenues generated in 9M 2021 is USD 205.5 million, or 51.0% higher than the same period last year with EBITDA of USD 84.0 million or 265.6% higher year-on-year.

 

Table MDA 9M2121 

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