SMMT - PT. Golden Eagle Energy Tbk

Rp 122

+1 (+0,83%)

JAKARTA - PT Golden Eagle Energy Tbk (SMMT) generated Rp 190 billion of revenue in 2018, rose by 230% compared with the same period of 2017. This was due to the increase in total assets reaching Rp 831 billion.

Roza Permana Putra, President Director of PT Golden Eagle Energy Tbk (SMMT) stated the company generated Rp 85 billion of net profit in 2018, grew by 111% compared to the same period last year. “The increase in sales is generated by our two operating assets, which the first is an 8% increase in our assets volume of the mine in Kalimantan , and a significant increase in sales volume from the mine in Sumatra, which increased by almost 240% compared to the previous year,” he said.

According to him, the total production of coal reached 1.5 million tons in 2018, grew by 145% compared to the same period last year. (LK/W)