Baramulti Suksessarana (BSSR) and Mitrabara Adiperdana (MBAP) are both co-owned by Baramulti Group and Idemetsu (Japan). In nine months of 2014, Baramulti posted net profit of US$3.95 million from sales revenue of US$134 million, while Mitrabara generated US$12.5 million profit from US$88.3 million of sales. This is an almost perfect example of Indonesia’s dual system of tax and royalty applied to coal producers.To subscribe please click here
