The Jakarta Post | March 29, 2012
Indonesian coal-mining giants PT Adaro Energy (ADRO) and PT Berau
Coal Energy (BRAU) saw their net profits more than doubled last year on
the back of higher selling prices.
The nation’s largest coal
miner, PT Bumi Resources (BUMI), however, recorded a net loss last year
despite growing revenues from sales — benefiting from the surge in
selling prices — due to soaring costs.
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