Indo Tambangraya (ITMG) maintains its position as the most profitable coal producer in Indonesia. It booked net profit of US$230 million last year, crashed 47% from 2012 due to 17% drop in average selling price of coal. Duta Pertiwi Nusantara (DPNS), meanwhile, has been granted a revival of coal contract of work (CCOW) for subsidiary PT Intitirta.
To subscribe please click here