Analisa Pembahasan Manajemen

9M 2023 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 2023 (“9M 2023”), 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 Harum Nickel Perkasa (“HNP”), PT Tanito Harum Nickel (“THN”), PT Harum Nickel Industry (“HNI”), PT Infei Metal Industry (“IMI”), PT Position (“POS”), Harum Energy Australia Ltd and Harum Asia Capital Pte Ltd. The report below is prepared by the management and unaudited.
  • Coal sales volume in 3Q 2023 totaled 1.7 million tonnes (Mt), or 5.0% lower quarter-on-quarter (q-o-q). However, for 9M 2023, coal sales volume totaled 5.3Mt, or 37.5% higher year-on-year (y-o-y);
  • Total revenues generated in 9M 2023 is USD 642.4 million, or 8.6% lower y-o-y with EBITDA of USD 278.4 million or 24.6% lower y-o-y;
  • The Company’s Average Coal Sales Price (ASP) in 3Q 2023 is USD 87.2/t, or 20.6% lower q-o-q.  The overall ASP achieved in 9M 2023 decreased to USD 120.1/t or by 33.2% y-o-y from USD 179.9/t in the same period last year;
  • The Company’s nickel division contributed USD 26.2million of net profit in 9M 2023;
  • Total net profit attributable to owners of the parent in 9M 2023 decreased by 54.8% y-o-y to USD 107.3 million, primarily due to the adjustment to the fair value of investments in 3Q 2023.  Excluding such adjustment, the net profit attributable to owners of the parent in 9M 2023 would have been approximately USD 176.9 million or 25.5% lower y-o-y.

Table MDA 9M2023

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