Adaro Energy’s Net Income Increases 124% To US$552 Million; Record Contribution to Nation Building With Corporate Income Tax Of US$450.5 Million

March 27, 2012, 11:02 am | Admin

PT Adaro Energy Tbk (IDX: ADRO) today announces its financial performance for fiscal year ended December 31st, 2011. Our net income increased 124% to US$552 million and basic earnings per share 123% to US$0.01721. Net income benefited from strong production volume growth, robust average selling price (“ASP”), and continued cost control. Net revenue increased 47% year over year (“y-o-y”) to US$3.99 billion while gross profit margins improved to 35.8% from 30.5% over the same period.

General Media:
For further information, please contact:
Devindra Ratzarwin
Corporate Secretary
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: corsec@ptadaro.com

Financial Media:
For further information, please contact:
Mr. Cameron Tough
Head of Investor Relations
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: cameron.tough@ptadaro.com

Last modified on January 30, 2017, 11:03 am | 1547