JAKARTA (Yosefardi) – Coal company PT Mitrabara Adiperdana Tbk (MBAP) partnered with its affiliation PT Global Trans Energy International on coal transportation.
Under the cooperation agreement signed in July 19, 2015, Global Trans Energy International (GTEI) will transport coal of MBAP.
MBAP targets to produce 4 million tons of coal this year. The company booked net profit of US$6.34 million in the first quarter of 2015 on net sales of US$40.42 million. Its assets totaled US$86.4 million while liability amounted US$33.88 million.