Bukit Asam – World Class Benchmarking
Company: PT Bukit Asam Tbk
Bloomberg ticker: PTBA IJ
Market cap: US$3,299m
Background: PT Tambang Batubara Bukit Asam (Persero) Tbk is the biggest coal mining company in Indonesia. More than half its annual coal production is supplied to the government for Indonesian domestic coal-fired power plants; the rest is exported. All its mines are in Indonesia, and in 2021, the company produced 30m metric tons of coal.
World Class Benchmarking of PT Bukit Asam Tbk
- Profitable Growth rank of 1 was same compared to the prior period’s 1st rank
- This is World Class performance compared to 320 large Energy companies worldwide
- Profitability rank of 1 was better than its Growth rank of 3
- Profitability rank of 1 was the same compared to the prior period’s 1st rank
- This is World Class performance compared to peers
- Growth rank of 3 was up compared to the prior period’s 4th rank
- This is above-average performance compared to peers
DISCLAIMER: This content is for information purposes only. It is not intended to be investment advice. Readers should not consider statements made by the author(s) as formal recommendations and should consult their financial advisor before making any investment decisions. While the information provided is believed to be accurate, it may include errors or inaccuracies. The author(s) cannot be held liable for any actions taken as a result of reading this article.