JAKARTA (Yosefaradi) – State coal miner PT Bukit Asam Tbk (PTBA) booked net profit of Rp1.85 trillion in 2013, declined 36% from Rp2.91 trillion in 2012. Earning per share (EPS) was Rp822.
Sales declined 3.3% to Rp11.21 trillion from previous Rp11.59 trillion. Cost of goods sold rose to Rp7.74 trillion from earlier Rp6.5 trillion. Then gross profit was Rp3.46 trillion, compared to Rp5.09 trillion in 2012.
Operating profit reached Rp2.15 trillion, lower than Rp3.59 trillion a previous year.
Its assets totaled Rp11.68 trillion while liability amounted Rp4.12 trillion. The company has huge cash of Rp3.34 trillion.