Coal producer Adaro Energy (ADRO) booked a net profit of US$933.5 million in 2021, jumping 534% year on year (y/y) as operating profit surged 436% y/y to US$1.53 billion. Revenue grew 56% y/y to US$3.9 billion in 2021, and gross profit jumped 206% y/y to US$1,77 billion. Gross profit margin increased to 44.3% from the previous 22.8%, and operating profit margin rose to 38.3% from earlier 11.2%.To subscribe please click here
