JAKARTA (Yosefardi) – Delta Dunia Makmur (DOID) opts to focus on its mining contractor service business and postpone coal exploration activity of its 2 subsidiaries (Pulau Mutiara Persada and Banyu Biru Sakti) until the recovery of coal prices. The global economic slowdown might continue impact on current cheal coal prices.
DODI booked net profit of US$8 million in first half of 2016, against loss of US$10 million in the same period of 2015. Net revenues declined 2.9% to US$259 million from previous US$267 million, but other expenses dropped 88.6% to US$2.37 million from earlier US$20.76 million.
The company has cash and cash equivalent of US$67.95 million, assets US$824 million while liability amounted US$729 million.