JAKARTA (Yosefardi) – Coal company PT Mitrabara Adiperdana Tbk (MBAP) booked net profit of US$15.05 million in the first half of 2015, grew by 36% from US$11 million in the corresponding period of 2014.
Net sales rose 40.6% to US$90.5 million from previous US$63.9 million. Cost of goods sold also increased 32% to US$61.7 million from earlier US$47 million.
Its assets reached US$97.77 million while liability amounted US$39.08 million. The company has cash of US$21.46 million.
MBAP targets to produce 4 million tons of coal this year.