Coal miner Adaro Energy (ADRO) booked a net profit of US$166.5 million in the first half (H1) of 2020, declined 48.3% from US$321 million in the corresponding period of 2019, as revenue fell 23.2% to US$1.36 billion from previous US$1.77 billion. Operating profit fell 10.5% to US$229million from earlier US$450 million. Adaro’s core profit fell 19% to US$134 million, and operational Ebitda declined 18% to US$265 million. Ebitda margin for operations fell 7% to 35.3%.
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