Adaro Energy update: Maritim Barito Perkasa – Barging

Friday, August 23 2019 - 02:32 PM WIB

The following is an edited excerpt from IDX-listed energy firm PT. Adaro Energy's quarterly report released on Thursday. (ed)

PT Maritim Barito Perkasa (MBP)

MBP’s total coal barging volume in 1H19 was 25.58 Mt, 20% growth y-o-y. Its total coal barging volume was 13.56 Mt in 2Q19, 17% higher than 2Q18. Coal volume from its sister companies in the Adaro Group accounted for 96% of MBP’s total coal barging volume in 1H19 and 97% of MBP’s total coal barging volume in 2Q19, as MBP continues to prioritize coal volume from the Adaro Group. (end of edited excerpt)

 

Units

2Q19

1Q19

2Q19

vs

1Q19

2Q18

2Q19

vs

2Q18

1H19

1H18

1H19

vs

1H18

Coal

barging

Mt

13.56

12.02

13%

11.54

19%

25.58

21.37

20%

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