PT Bayan Resources Tbk 2015 AR2
The report highlights PT Bayan Resources Tbk's performance and strategic transition in 2015. During the year, the company successfully shifted its focus to the low stripping ratio sub-bituminous Tabang project, which helped increase total coal production by 17.7% to 11.3 million tonnes. Despite a decline in revenue to USD 465 million due to lower global coal prices, the company improved its gross profit margin to 26.4% and successfully completed a USD 544 million debt restructuring. Additionally, the company invested IDR 8.4 billion in community development and achieved over 9.9 million safe work hours.
Company: PT Bayan Resources Tbk
Sector: Energy
Country: Indonesia
Year: 2015
Type: AR2
Pages: 238
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PT Bayan Resources Tbk
Annual Report
The report highlights PT Bayan Resources Tbk's performance and strategic transition in 2015. During the year, the company successfully shifted its focus to the low stripping ratio sub-bituminous Tabang project, which helped increase total coal production by 17.7% to 11.3 million tonnes. Despite a decline in revenue to USD 465 million due to lower global coal prices, the company improved its gross profit margin to 26.4% and successfully completed a USD 544 million debt restructuring. Additionally, the company invested IDR 8.4 billion in community development and achieved over 9.9 million safe work hours.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees