Bumi Resources Announces Q1 2026 Financial Results
Jul 14, 2026
Jakarta, 30 April 2026 – PT Bumi Resources Tbk (“Company” or “Bumi Resources”), the world’s largest thermal coal exporter and one of Indonesia’s leading natural resources companies, today The Company delivered a strong start to 2026, with revenue rising 19.7% to US$417.7 million and profit before tax nearly doubling year-on-year. Higher production and sales volumes, combined with a meaningful improvement in strip ratio, more than offset a 10% decline in average realized coal prices, translating into expanded operating margins and stronger profitability across the business.
Key Financial Highlights (PSAK 111, Q1 2026 vs Q1 2025):
• Revenue: US$417.7 million vs US$348.8 million (up 19.7%)
• Cost of Revenue: US$334.8 million vs US$297.5 million (up 12.5%)
• Gross Profit: US$82.8 million vs US$51.2 million (up 61.6%)
• Operating Expenses: US$33.8 million vs US$23.3 million (up 44.8%)
• Operating Profit: US$49.1 million vs US$27.9 million (up 75.8%)
• Operating Margin: 11.7% (vs 8.0%)
• Profit Before Tax: US$55.3 million vs US$28.6 million (up 93.1%)
• Net Profit: US$41.1 million vs US$30.1 million (up 36.6%)
• Attributable Net Income to Owners of Parent: US$24.1 million vs US$17.9 million (up 35.2%)
Operational Performance (Q1 2026 vs Q1 2025):
• Coal Mined: 19.2 million tonnes (up 12%)
• Coal Sales: 19.1 million tonnes (up 14%)
• Average FOB Price: US$58.6/t (down 10% from US$64.9/t)
• Overburden Removed: 148.3 Mbcm (up 3%)
• Strip Ratio: 7.7x (vs 8.4x)
• Inventory: 2.0 million tonnes (vs 2.4 million tonnes)
Bumi Resources remains focused on sustaining the operational improvements delivered in Q1, maintaining disciplined capital allocation, and progressing its diversification strategy to build resilience across commodity cycles.
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