Coal miner Adaro Energy (ADRO) booked a net profit of US$435 million in 2019, declined 8.8% from US$477.5 million in 2018 as revenue fell 4.47% to US$3.46 billion while cost of revenue rose 3.44% to US$2.49 billion, resulting in a 20% drop in gross profit (to US$964.6 million).

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