JAKARTA (Yosefardi) – Coal miner PT Indo Tambangraya Megah Tbk (ITMG) booked net profit of US$230.48 million in 2013, dropped 47% from US$432.04 billion in 2012.

Net sales declined 10.7% to Rp2.18 billion from previous US$2.44 billion. Cost of goods sold was US$1.67 billion, compared to US$1.69 billion in 2012. Then gross profit reached US$509.19 million (2012: US$741.17 million).

Its assets totaled US$1.39 billion while liability amounted US$428.28 million. It has cash and cash equivalent of US$288.71 million.