Indo Tambangraya Megah (ITMG), coal producing subsidiary of Banpu Pcl (Thailand), booked net profit of US$57.18 million in the first quarter of 2017, surged from US$23 million in the corresponding period of 2016. Like other coal producers, ITMG was lifted by significantly higher margins, thanks to 41% jump in average selling price of coal.To subscribe please click here