Analisa Pembahasan Manajemen
9M 2019 Summary and Highlights
Important Note: The results provided below reflect the unaudited consolidated results of PT Harum Energy Tbk. (“Company”) for the 9-month period ending 30 September 2019, which include the results of PT Mahakam Sumber Jaya (“MSJ”), PT Layar Lintas Jaya (“LLJ”), PT Tambang Batubara Harum (“TBH”), PT Karya Usaha Pertiwi (“KUP”), PT Bumi Karunia Pertiwi (“BKP”), PT Santan Batubara (“SB”), Harum Energy Australia Ltd and Harum Energy Capital Ltd. The report below is prepared by the management and unaudited.
- Coal sales volume in 3Q 2019 totaled 0.9 million tonnes (Mt), or 7.8% lower than the previous quarter. In 9M 2019, coal sales volume totaled 3.0 Mt, similar to the sales volume for the same period a year ago.
- The Company’s Average Sales Price in 3Q 2019 is USD 60.4 per tonne (/t), or lower than USD 64.0/t achieved in 2Q 2019. The ASP achieved in 9M 2019 declined by 13.9% to USD 62.2/t from USD 72.2/t achieved in the same period last year.
- Production Cash Cost for 3Q 2019 is similar to 2Q 2019, but is lower by 5.6% in 9M 2019 compared with the same period a year ago;
- Total revenues posted in 9M 2019 is USD 200.3 million, or 14.0% lower than the same period last year with Net Income attributable to owners of the parent of USD 16.0 million or 29.4% lower year-on-year.