Adaro Energy (ADRO), one of the largest coal producers in Indonesia, paid out US$335.64 million of royalties to the State last year, an increase of 33% from 2016. The Company also paid out corporate income tax and final income tax of US$515.5 million, skyrocketed from US$155.5 million in 2016. All of these were attributable to significantly higher average price of coal last year. To subscribe please click here
