First quarter of 2017 was promising for PT Borneo Lumbung Energi & Metal (BORN) Tbk, producer of coking coal, when it booked net profit of US$43.17 million. Dispute over status of contract of work (CCoW) of subsidiary PT Asmin Koalindo Tuhup, however, turned BORN back to loss in the first quarter of 2018.To subscribe please click here