Coal miner Adaro Energy (ADRO) booked net profit of US$110 million in first quarter (Q1) of 2017, jumped 80% from Rp61 million in Q1 of 2016. Revenues grew by 23.9% to US$726 million from previous US$586 million. Operating profit surged 61.5% to US$189 million from earlier US$117 million. Revenues from coal mining & trading increased 24% to US$679 million. This segment contributed profit of US$122 million, a 74% jump. ADRO’s average selling price increased by 39%. Its cash rose 57% to US$1.1 billion as at March 2017.