PT Exploitasi Energi Indonesia Tbk 2021 Annual Report with Sustainability Disclosures
Company: PT Exploitasi Energi Indonesia Tbk
Sector: Mining & quarrying
Country: Indonesia
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 170
The report highlights PT Eksploitasi Energi Indonesia Tbk's (CNKO) performance and sustainability initiatives for the fiscal year 2021. Despite the ongoing challenges of the COVID-19 pandemic, the company recorded a 10.8% increase in operating revenues to Rp 980.3 billion, primarily driven by coal sales to PT PLN (Persero). CNKO successfully reduced its operating expenses by 18.0%, leading to a 57.9% increase in operating profit to Rp 90.0 billion. On the sustainability front, the company published its inaugural Sustainability Report, emphasizing its commitment to environmental preservation, local community engagement, and the development of a Sustainable Finance Action Plan.
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