Coal miner Adaro Energy (ADRO) booked a net profit of US$98.17 million in the first quarter (Q1) of 2020, declined 17.36% year on year (y/y) as revenue fell 11% to US$750 million and operating profit dropped 36% to US$128 million. In Q1 of 2019, Adaro booked revenue of US$846 million and an operating profit of US$199 million. Core earnings fell 19% to US$136 million in Q1 this year, and operational Ebitda declined 18% to US$265 million. Operating profit margin declined 5% to 26.4%, and operational Ebitda margin declined 3% to 35.3%.

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