Adaro Energy update: PT Saptaindra Sejati (SIS) – Mining Contracting
Friday, August 23 2019 - 02:17 PM WIB
The following is an edited excerpt from IDX-listed energy firm PT. Adaro Energy's quarterly report released on Thursday. (ed)
PT Saptaindra Sejati (SIS)
SIS recorded a stronger y-o-y performance in 1H19 with a 15% increase in overburden removal volume to 107.86 Mbcm and 18% increase in coal production volume to 23.60 Mt. The growth was mainly driven by stronger volume from the Adaro Group. Overburden removal and coal production volume from the Adaro Group were 55% and 85% of SIS’s total volume in 1H19, in that order.
In the second quarter of 2019, SIS recorded total coal production volume of 12.24 Mt and overburden removal volume of 53.76 Mbcm, an increase of 11% and 3% y-o-y, respectively as coal production volume from the Adaro Group increased. (end of edited excerpt)
|
|
Units |
2Q19 |
1Q19 |
2Q19 vs 1Q19 |
2Q18 |
2Q19 vs 2Q18 |
1H19 |
1H18 |
1H19 vs 1H18 |
|
Overburden Removal |
Mbcm |
53.76 |
54.10 |
-1% |
52.30 |
3% |
107.86 |
93.73 |
15% |
|
Coal Production |
Mt |
12.24 |
11.36 |
8% |
10.99 |
11% |
23.60 |
20.05 |
18% |