PT Tambang Batubara Bukit Asam Tbk : Throughout 2016, PTBA Successfully Perform Operational Efficiency 27%
January 24, 2017 at 10:55 pm IST
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Global economic conditions are still grim make 2016 be a difficult time for the business community in the country, including PT Bukit Asam (Persero) Tbk. Even so, almost all operations of the company that owned most of the State exceeded the target.
President Director of PTBA Arviyan Arifin said that the success is one of the company's strategic key to success in grabbing opportunities in difficult times.
'Thank God, in general, operational and financial performance PTBA continued to show encouraging improvement,' said Director of Bukit Asam Ir. Arviyan Arifin in his speech, which was read by the Director of Commerce PTBA Arie Prabowo Ariotedjo in the presence of no less than two thousand people who filled the Gymnasium (GOR) PTBA, Tanjung Enim, South Sumatra, in Close Year 2016 and Welcome Year 2017 event, on Saturday, December 31, 2016.
Throughout recorded in 2016, PTBA successfully operational efficiency of Rp875 billion, or 27 percent of the operational efficiency plan in 2016 amounted to Rp 688 billion.
In addition, the realization of coal production in 2016 reached 19.69 million tons, successfully edged up by 103 percent compared to the actual percentage of coal production in 2015 amounted to 19.29 million tons.
Realization of coal sales in 2016 reached 20.10 million tons, up by 105 percent compared to the actual percentage of coal sales in 2015 amounted to 19.10 million tons.
'This achievement can be achieved either by the support of the rail transport of coal throughout 2016 amounted to 17.66 million tons, up by 112 percent compared to the actual percentage of rail transport in 2015 amounted to 15.79 million tons,' said Arviyan Arifin.
As for 2017, PTBA is targeting to increase production as much as 24.7 million tons of coal or or with a target percentage of 122 percent. For the purchase, PTBA targeted as many as 27.09 million tons, up 130 percent.
While the sales target of 27.29 million tonsor up 136 percent, and for the planned rail transport of coal in 2017 is targeted as much as 21.70 million tonsor up 186 percent.
PT Tambang Batubara Bukit Asam Tbk published this content on 25 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 24 January 2017 17:25:08 UTC.
Original documenthttp://www.ptba.co.id/en/detail/index/240/throughout-2016-ptba-successfully-perform-operational-efficiency-27
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PT Bukit Asam Tbk is engaged in coal mining and related activities. The Company is involved in the general surveying, exploration, exploitation, processing, refining, transportation and trading, and management of special coal port facilities for internal and external needs. Its segments include the coal mining segment and other segments. Its coal mining segment includes mining business permits (IUP) of approximately 68,777 hectares (ha) in several locations that have coal reserves. It owns several mines spread across South Sumatra Province, West Sumatra Province, and Riau Province. The other segment includes electricity generation, investment or holding (plantation and hospital services), transportation, and warehousing (especially for port services). It also engaged in the operation of steam power plants for internal and external needs and the provision of consulting services related to the coal mining industry as well as its derivative products, and plantation development activities.