TABLE OF CONTENTS. Corona outbreak did not hamper the expansion of Aneka Tambang (ANTM) Wabah corona tak menghambat ekspansi Aneka Tambang (ANTM)

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IMA-Daily Update No. 1. 2. 3. 4. 5. 6. 7. 8. 9.

Awaiting Beleid Revision, National Ship Rules Are Finally Revoked

Tinggal Revisi Beleid, Aturan Kapal Nasional Akhirnya Dicabut

Corona outbreak did not hamper the expansion of Aneka Tambang (ANTM)

Wabah corona tak menghambat ekspansi Aneka Tambang (ANTM)

Until February, Bumi Resources (BUMI) Performance Shines

Hingga Februari, Kinerja Bumi Resources (BUMI) Moncer

Export Revenue Increases, Merdeka Copper Prints a Profit of US$ 70.82 Million

Pendapatan Ekspor Naik, Merdeka Copper Cetak Laba US$ 70,82 Juta

Corona is spreading, United Tractor (UNTR) coal mining service activities are still normal

Corona menyebar, kegiatan jasa tambang batubara United Tractor (UNTR) masih normal

Petrosea (PTRO) Booked US$ 31.17 million Profit, Grows 35.82 Percent

Petrosea (PTRO) Bukukan Laba US$31,17 juta, Tumbuh 35,82 Persen

National Ship Rules Revoked, This is Bumi Resources Response

Aturan Kapal Nasional Dihapus, Ini Respons Bumi Resources

Gold Prices Decline, How Do Projections for the Sandi Uno and Boy Thohir Joint Venture Gold

Harga Emas Merosot, Bagaimana Proyeksi Kinerja Tambang Emas Patungan Sandi Uno dan Boy Thohir?

This is the effect of corona virus on Samindo Resources (MYOH) business activities

Begini efek virus corona terhadap aktivitas bisnis Samindo Resources (MYOH)

exports as stipulated in the Regulation of the Minister of Trade (Permendag) Number 82 of 2017 concerning Use of Insurance and National Ships for the Export and Import of Certain Commodities has been revoked. This is because national vessels are not yet ready so it is feared that they will disrupt exports. Responding to this, the Executive Director of the Indonesian Coal Mining Association (APBI) Hendra Sinadia said that his party appreciated the government's policy to revoke this Regulation of the Minister of Trade.

"Until now we are still waiting for the revision of the Regulation of the Minister of Trade which revokes the obligation to use national vessels for coal exports," he said when contacted on Thursday (03/19/2020). He further said that with these rules actually made exports hampered. "Because these regulations hamper exports and are not in line with the efforts of the government and the community in preventing the impact of the spread of the covid-19 virus," he added. Previously, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan said that the Minister of Trade's regulation which obliged to use national vessels had been revoked. According to him this regulation was originally made with the int

increase investment in domestic shipping.

Awaiting Beleid Revision,

National Ship Rules Are Finally

Anisatul Umah, CNBC Indonesia

vessel mandatory for coal exports as stipulated in the Regulation of the Minister of Trade (Permendag) Number 82 of 2017 concerning Use of Insurance and National Ships for the Export and Import of Certain Commodities has been revoked.

onal vessels are not yet ready so it is feared that they will disrupt exports. Responding to this, the Executive Director of the Indonesian Coal Mining Association (APBI) Hendra Sinadia said that his party appreciated the government's Regulation of the

"Until now we are still waiting for the revision of the Regulation of the Minister of Trade which revokes the obligation to use national vessels for coal exports," he said when contacted on Thursday (03/19/2020). rther said that with these rules actually made exports hampered. "Because these regulations hamper exports and are not in line with the efforts of the government and the community in preventing the impact of 19 virus," he added. viously, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan said that the Minister of Trade's regulation which obliged to use vessels had been revoked. regulation was originally made with the intention to increase investment in domestic shipping.

Tinggal Revisi Beleid, Aturan

Kapal Nasional Akhirnya

Dicabut

Anisatul Umah , CNBC Indonesia

W

AJIB kapal nasional untuk ekspor batu

bara yang tertuang di dalam Peraturan Menteri Perdagangan (Permendag)

82 Tahun 2017 tentang Penggunaan Asuransi dan Kapal Nasional Untuk Ekspor dan Impor Komoditas Tertentu telah dicabut.

Hal ini dikarenakan kapal nasional yang belum siap sehingga dikhawatirkan akan mengganggu ekspor. Menanggapi hal ini, Direktur Eksekutif Asosiasi Pertamb Batubara Indonesia (APBI) Hendra Sinadia mengatakan pihaknya mengapresiasi kebijakan pemerintah untuk mencabut Permendag ini.

"Hingga saat ini kami masih menunggu revisi Permendag yang mencabut kewajiban penggunaan kapal nasiona untuk ekspor batu bara

dihubungi, Kamis, (19/03/2020).

Lebih lanjut dirinya mengatakan dengan aturan tersebut justru membuat ekspor terhambat. "Karena aturan tersebut meng hambat ekspor dan tidak sejalan dengan upaya pemerintah dan masyarakat dalam mencegah dampak penyebaran virus covid-19," imbuhnya.

Sebelumnya, Menko B

dan Investasi Luhut Binsar Panjaitan mengatakan Permendag yang mewajibkan menggunakan kapal nas

Menurutnya aturan i

dengan maksud untuk meningkatkan investasi di perkapalan dalam negeri.

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Tinggal Revisi Beleid, Aturan

Kapal Nasional Akhirnya

Dicabut

Anisatul Umah , CNBC Indonesia

kapal nasional untuk ekspor batu bara yang tertuang di dalam Peraturan Menteri Perdagangan (Permendag) Nomor 82 Tahun 2017 tentang Penggunaan Asuransi dan Kapal Nasional Untuk Ekspor dan Impor Komoditas Tertentu telah

Hal ini dikarenakan kapal nasional yang belum siap sehingga dikhawatirkan akan ekspor. Menanggapi hal ini, utif Asosiasi Pertambangan Batubara Indonesia (APBI) Hendra Sinadia pihaknya mengapresiasi kebijakan pemerintah untuk mencabut

"Hingga saat ini kami masih menunggu revisi Permendag yang mencabut kewajiban penggunaan kapal nasional ekspor batu bara," ungkapnya saat dihubungi, Kamis, (19/03/2020).

Lebih lanjut dirinya mengatakan dengan aturan tersebut justru membuat ekspor terhambat. "Karena aturan tersebut

meng-ekspor dan tidak sejalan dengan upaya pemerintah dan masyarakat dalam mencegah dampak penyebaran virus

Menko Bidang Kemaritiman dan Investasi Luhut Binsar Panjaitan mengatakan Permendag yang mewajibkan menggunakan kapal nasional telah dicabut. Menurutnya aturan ini awalnya dibuat untuk meningkatkan investasi di perkapalan dalam negeri.

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IMA-Daily Update

"Indeed, this means that in 2017, so that ships in the country, so that they invest, apparently did not, thus disturbing our exports," he explained.

According to him, export-import activities should not be disrupted, so in a limited meeting with the president it was decided that the Minister of Trade's Regulation be revoked. "So that ships from outside are allowed to export, so it does not interfere with exports," he said.

The regulation on the use of this national ship will initially take effect as of May 1, 2020. Chairman of the Indonesian Coal Mining Association (APBI-ICMA) Pandu P. Sjahrir said that coal shipments, which generally trade using the free

(FoB) scheme where importers are obliged to work insurance and ship.

"The obligation will initially be enforced in 2017 postponed due to the very limited capacity of national vessels to transport coal shipments," he said. (gus/gus)

Corona outbreak did not hamper

the expansion of Aneka

Tambang (ANTM)

Reporter: Akhmad Suryahadi | Editor: Khomarul Hidayat

T

HE SPREAD of the corona virus (Covid

19) that occurred in several regions has not yet affected the expansion of several issuers. One of them is the construction of a nickel smelter owned by PT Aneka Tambang Tbk (ANTM) in East Halmahera (Haltim), North Maluku.

"Indeed, this means that in 2017, so that ships in the country, so that they invest, apparently did not, thus disturbing our

import activities should not be disrupted, so in a limited meeting with the president it was decided that the Minister of Trade's Regulation be revoked. "So that ships from outside are t does not interfere

The regulation on the use of this national ship will initially take effect as of May 1, of the Indonesian Coal ICMA) Pandu P. Sjahrir said that coal shipments, which ally trade using the free-on-board (FoB) scheme where importers are obliged

"The obligation will initially be enforced in 2017 postponed due to the very limited capacity of national vessels to transport

(gus/gus)

"Memang ini dimaksud dulu 2017 supaya kapal dalam negeri, supaya mereka invest ternyata tidak sehingga mengganggu ekspor kita," terangnya.

Kegiatan ekspor impor menurutnya tidak boleh terganggu, sehingga dalam rapat terbatas dengan presiden diputuskan agar Permendag tersebut dicabut. "Sehingga boleh kapal dari luar melakukan ekspor, sehingga tidak menggan

ungkapnya.

Aturan penggunaan kapal nasional ini mula nya bakal berlaku per 1 Mei 2020. Ketua Umum Asosiasi Pertambangan Batubara Indonesia (APBI-ICMA) Pandu P. Sjahrir menyebut pengiriman batubara yang umum nya perdagangannya menggunakan free-on-board (FoB) di mana importir mengusahakan asuransi dan kapal.

"Kewajiban tersebut awalnya akan diber lakukan di 2017 ditunda pemberlakuannya dikarenakan masih sangat terbatasnya kapa sitas kapal nasional dalam mengangkut pengiriman batubara," ungkapnya.

Corona outbreak did not hamper

the expansion of Aneka

Tambang (ANTM)

Reporter: Akhmad Suryahadi | Editor: Khomarul Hidayat

of the corona virus (Covid-19) that occurred in several regions has not yet affected the expansion of several issuers. One of them is the construction of a nickel smelter owned by PT Aneka Tambang Tbk (ANTM) in East Halmahera

Wabah corona tak menghambat

ekspansi Aneka Tambang

(ANTM)

Reporter: Akhmad Suryahadi Khomarul Hidayat

P

ENYEBARAN virus corona (Covid

yang terjadi di beberapa wilayah belum berdampak pada ekspansi yang dilakukan beberapa emiten. Salah satunya pem bangunan smelter nikel milik PT Aneka Tambang Tbk (ANTM) di Halmahera Timur (Haltim), Maluku Utara.

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"Memang ini dimaksud dulu 2017 supaya kapal dalam negeri, supaya mereka invest ternyata tidak sehingga mengganggu ekspor

Kegiatan ekspor impor menurutnya tidak boleh terganggu, sehingga dalam rapat terbatas dengan presiden diputuskan agar Permendag tersebut dicabut. "Sehingga boleh kapal dari luar melakukan ekspor, sehingga tidak mengganggu ekspor,"

aan kapal nasional ini mula-nya bakal berlaku per 1 Mei 2020. Ketua Umum Asosiasi Pertambangan Batubara ICMA) Pandu P. Sjahrir menyebut pengiriman batubara yang

umum-annya menggunakan skema board (FoB) di mana importir wajib mengusahakan asuransi dan kapal.

"Kewajiban tersebut awalnya akan diber-lakukan di 2017 ditunda pemberlakuannya dikarenakan masih sangat terbatasnya kapa-sitas kapal nasional dalam mengangkut pengiriman batubara," ungkapnya. (gus/gus)

h corona tak menghambat

ekspansi Aneka Tambang

(ANTM)

Akhmad Suryahadi | Editor: Khomarul Hidayat

virus corona (Covid-19) yang terjadi di beberapa wilayah belum berdampak pada ekspansi yang dilakukan beberapa emiten. Salah satunya

pem-nikel milik PT Aneka ) di Halmahera Timur (Haltim), Maluku Utara.

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IMA-Daily Update

Aneka Tambang Corporate Secretary Kunto Hendrapawoko said, so far ANTM is still carrying out operational

normally by staying alert and mitigating the risks that occur due to the spread of Covid-19.

"In addition, ANTM also took steps related to preventing the spread of Covid

accordance with the recommendations given by the government and WHO," told Kontan.co.id.

Kunto continued, as of December 2019 the East Halmahera Ferronickel Plant (P3FH) construction project had reached 97.75%. Even in the second semester of 2019, P3FH conducted a no load test on completed plant equipment.

At present, the project is still in the process of completing the final construction phase. The state-owned issuer is committed to completing and ensuring the ferronickel plant in Haltim will run this year.

Although not yet revealed specific figures, Kunto explained that ANTM's capital expenditure (capex) allocation will mostly be used to support the completion of strategic projects.

Among them are the completion of the construction of the P3FH plant, the construction of a smelter grade alumina (SGA) plant in Mempawah

initiation of the construction of the Nickel Pig Iron (NPI) processing in East Halmahera in collaboration with strategic partners.

Furthermore, ANTM also welcomed the positive increase in the price of gold commodities that have a safe haven natur amid the uncertainty of current global conditions.

"We hope that the rising momentum of gold prices will improve the company's performance this year," said Kunto.

Aneka Tambang Corporate Secretary Kunto Hendrapawoko said, so far ANTM is still carrying out operational activities normally by staying alert and mitigating the risks that occur due to the spread of

"In addition, ANTM also took steps related to preventing the spread of Covid-19 in accordance with the recommendations given by the government and WHO," he

Kunto continued, as of December 2019 the East Halmahera Ferronickel Plant (P3FH) construction project had reached 97.75%. Even in the second semester of 2019, P3FH conducted a no load test on completed

e project is still in the process of completing the final construction phase. owned issuer is committed to completing and ensuring the ferronickel plant in Haltim will run this year.

Although not yet revealed specific figures, that ANTM's capital expenditure (capex) allocation will mostly be used to support the completion of

Among them are the completion of the construction of the P3FH plant, the construction of a smelter grade alumina (SGA) plant in Mempawah, and the initiation of the construction of the Nickel Pig Iron (NPI) processing in East Halmahera in collaboration with strategic

Furthermore, ANTM also welcomed the positive increase in the price of gold commodities that have a safe haven nature amid the uncertainty of current global

"We hope that the rising momentum of gold prices will improve the company's performance this year," said Kunto.

Sekretaris Perusahaan Aneka Tambang Kunto Hendrapawoko mengatakan, sejauh ini ANTM masih me

operasional secara normal dengan tetap waspada dan memitigasi risiko yang terjadi akibat penyebaran Covid

“Selain itu, ANTM juga melakukan langkah langkah terkait pencegahan penyebaran Covid-19 sesuai dengan anjuran yang diberikan pemerintah dan WHO,” ujar dia kepada Kontan.co.id.

Kunto melanjutkan, per Desember 2019 proyek pembangunan Pabrik Feronikel Halmahera Timur (P3FH) sudah mencapai 97,75%. Pada Semester II 2019 lalu pun, P3FH telah melakukan tahap

pada peralatan pabrik yang telah selesai. Saat ini, proyek tersebut masih dalam proses penyelesaian konstruksi tahap akhir. Emiten pelat merah ini berkomitmen terhadap penyelesaian serta memastikan pabrik feronikel di Haltim akan berjalan pada tahun ini.

Meski belum mengungkapkan angka spesifik, Kunto menjabarkan alokasi belanja modal atau

(capex) ANTM sebagian besar bakal di gunakan untuk mendukung penyelesaian proyek-proyek strategis.

Diantaranya penyelesaian konstruksi pabrik P3FH, pembangunan pa

grade alumina (SGA) di Mempawah, serta inisiasi pembangunan pengolahan Nickel Pig Iron (NPI) di Halmahera Timur yang bekerjasama dengan mitra strategis.

Lebih lanjut, ANTM juga menyambut positif kenaikan harga komoditas emas yang memiliki sifat safe haven di tengah ketidakpastian kondisi global saat ini. “Kami berharap dengan momentum kenaikan harga emas dapat meningkatkan kinerja perusahaan pada tahun ini,” ujar Kunto.

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Sekretaris Perusahaan Aneka Tambang Kunto Hendrapawoko mengatakan, sejauh ini ANTM masih melakukan aktivitas operasional secara normal dengan tetap waspada dan memitigasi risiko yang terjadi akibat penyebaran Covid-19.

“Selain itu, ANTM juga melakukan langkah-langkah terkait pencegahan penyebaran

19 sesuai dengan anjuran yang merintah dan WHO,” ujar dia

Kunto melanjutkan, per Desember 2019 proyek pembangunan Pabrik Feronikel Halmahera Timur (P3FH) sudah mencapai 97,75%. Pada Semester II 2019 lalu pun, P3FH telah melakukan tahap no load test

pabrik yang telah selesai. Saat ini, proyek tersebut masih dalam proses penyelesaian konstruksi tahap akhir. Emiten pelat merah ini berkomitmen terhadap penyelesaian serta memastikan pabrik feronikel di Haltim akan berjalan

ngungkapkan angka spesifik, Kunto menjabarkan alokasi belanja modal atau capital expenditure (capex) ANTM sebagian besar bakal di-gunakan untuk mendukung penyelesaian

proyek strategis.

Diantaranya penyelesaian konstruksi pabrik P3FH, pembangunan pabrik smelter grade alumina (SGA) di Mempawah, serta inisiasi pembangunan pengolahan Nickel Pig Iron (NPI) di Halmahera Timur yang bekerjasama dengan mitra strategis. Lebih lanjut, ANTM juga menyambut positif kenaikan harga komoditas emas at safe haven di tengah ketidakpastian kondisi global saat ini. “Kami berharap dengan momentum kenaikan harga emas dapat meningkatkan kinerja perusahaan pada tahun ini,” ujar

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IMA-Daily Update

Instead of looking for new mines, ANTM is still optimizing its gold mines located in Pongkor, West Java and in Cibaliung, Banten. In 2019, the Kompas100 Consti tuent Index has carried out exploration activities in Pongkor, Cibaliung, Bintang Mountains in Papua and visits to several prospect areas.

Until 2019, the progress of

ration conducted by ANTM includes geological modeling and drilling for the Pongkor gold mine area and drilling testing for the Cibaliung area.

While exploration activities in the Bintang Mountains, Papua, include geological picking, track measurement, geological test spectral, drilling core description, as well as core drilling & geophysics.♦

Until February, Bumi Resources

(BUMI) Performance Shines

Finna U. Ulfah

A

LTHOUGH the coal industry was also

affected by the spread of the corona virus, PT Bumi Resources Tbk. (BUMI) stated that the operations continue to run smoothly.

Based on Bloomberg data,

Wednesday (3/18/2020) the price of April 2020 coal contracts on the Newcastle exchange appreciated 0.3 percent to US$ 66.5 per ton. Throughout the year 2020, prices have corrected 5.94 percent.

Bumi Resources Director & Corporate Secretary Dileep Srivastava said that so far the company's production and sales have been running normally, even recorded an increase compared to last year.

Instead of looking for new mines, ANTM is es located in Pongkor, West Java and in Cibaliung, Banten. In 2019, the Kompas100 Consti-tuent Index has carried out exploration activities in Pongkor, Cibaliung, Bintang Mountains in Papua and visits to several

Until 2019, the progress of gold explo-ration conducted by ANTM includes geological modeling and drilling for the Pongkor gold mine area and drilling testing

While exploration activities in the Bintang Mountains, Papua, include geological ement, geological test spectral, drilling core description, as well

♦

Alih-alih mencari tambang baru, ANTM masih mengoptimalkan tambang

emasnya yang terletak di Pongkor Jawa Barat dan di Cibaliung Banten. Pada 2019, Konstituen Indeks Kompas100 ini telah melakukan kegiatan eksplorasi di Pongkor, Cibaliung, Pegunungan Bintang di Papua dan tinjauan ke beberapa daerah prospek. Hingga 2019, progres eksplorasi emas yang dilakukan ANTM diantaranya modeling geologi dan pembor

wilayah tambang emas Pongkor dan uji pemboran untuk wilayah Cibaliung.

Sementara kegiatan eksplorasi di Pegunungan Bintang,

pemetan geologi, pengukuran lintasan, geology test spectral, pemerian inti bor, serta pemboran inti & geof

Until February, Bumi Resources

(BUMI) Performance Shines

the coal industry was also affected by the spread of the corona virus, PT Bumi Resources Tbk. (BUMI) stated that the operations continue to run

Based on Bloomberg data, on trading Wednesday (3/18/2020) the price of April he Newcastle exchange appreciated 0.3 percent to US$ 66.5 per ton. Throughout the year 2020, prices have corrected 5.94 percent.

Bumi Resources Director & Corporate Secretary Dileep Srivastava said that so far the company's production and sales have unning normally, even recorded an increase compared to last year.

Hingga Februari, Kinerja Bumi

Resources (BUMI) Moncer

Finna U. Ulfah

K

ENDATI industri batu bara turut ter

dampak penyebaran virus corona, PT Bumi Resources Tbk. (BUMI) menyatakan operasional tetap berjalan lancar.

Berdasarkan data

perdagangan Rabu (18/3/2020) harga batu bara kontrak April 2020 di bursa Newcastle terapresiasi 0,3 persen ke level US$66,5 per ton. Sepanjang tahun berjalan 2020, harga telah terkoreksi 5,94 persen. Direktur & Corporate Secretary Bumi Resources Dileep Srivastava mengatakan bahwa sejauh ini produksi dan penjualan perseroan telah berjalan normal, bahkan mencatatkan peningkatan dibandingkan dengan tahun lalu.

Page 6

alih mencari tambang baru, ANTM masih mengoptimalkan tambang -tambang emasnya yang terletak di Pongkor Jawa Barat dan di Cibaliung Banten. Pada 2019, onstituen Indeks Kompas100 ini telah melakukan kegiatan eksplorasi di Pongkor, Cibaliung, Pegunungan Bintang di Papua dan tinjauan ke beberapa daerah prospek. Hingga 2019, progres eksplorasi emas

dilakukan ANTM diantaranya modeling geologi dan pemboran untuk wilayah tambang emas Pongkor dan uji pemboran untuk wilayah Cibaliung.

Sementara kegiatan eksplorasi di Pegunungan Bintang, Papua, meliputi pemetan geologi, pengukuran lintasan, geology test spectral, pemerian inti bor, serta pemboran inti & geofisika.♦

Hingga Februari, Kinerja Bumi

Resources (BUMI) Moncer

Finna U. Ulfah

industri batu bara turut ter-dampak penyebaran virus corona, PT Bumi Resources Tbk. (BUMI) menyatakan operasional tetap berjalan lancar.

Berdasarkan data Bloomberg, pada perdagangan Rabu (18/3/2020) harga batu bara kontrak April 2020 di bursa Newcastle terapresiasi 0,3 persen ke level US$66,5 per ton. Sepanjang tahun berjalan 2020, harga telah terkoreksi 5,94 persen. Direktur & Corporate Secretary Bumi Resources Dileep Srivastava mengatakan bahwa sejauh ini produksi dan penjualan perseroan telah berjalan normal, bahkan ngkatan dibandingkan

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IMA-Daily Update

The BUMI-coded stock listed the total production in the range of 7 million million tons per month in the period from January to February 2020.

This year, the company targets coal production to increase by 5 pe compared to the achievements in 2019 of 87 million metric tons, or the largest among other similar issuers.

For sales, the company managed to record 14.3 million tons, up 7.8 percent compared to the acquisition in the same period last year of 13.1 million tons. Meanwhile, as much as 70 percent of total sales are export sales.

"Still in line with expectations, but we will assess the impact of the current pandemic next month and will take action if necessary," Dileep said when contacted by Bisnis.com, Thursday (3/19/2020).

BUMI allocates capital expenditure (capex) this year of US$ 50 million to US$ 60 million from internal cash which will be used for important maintenance and exploration at the mines of PT Kaltim Prima Coal and PT Arutmin Indonesia.

Currently, until Thursday (3/19/2020), BUMI's shares are still plunged at the level of Rp50 with a market capitalization of Rp3.35 trillion. Price to Earning Ratio (PER) reached 2.38 times. Editor: Hafiyyan

coded stock listed the total production in the range of 7 million - 7.5 million tons per month in the period from

This year, the company targets coal production to increase by 5 percent compared to the achievements in 2019 of 87 million metric tons, or the largest

For sales, the company managed to record 14.3 million tons, up 7.8 percent compared to the acquisition in the same period last llion tons. Meanwhile, as much as 70 percent of total sales are

"Still in line with expectations, but we will assess the impact of the current pandemic next month and will take action if necessary," Dileep said when contacted by

hursday (3/19/2020).

BUMI allocates capital expenditure (capex) this year of US$ 50 million to US$ 60 million from internal cash which will be used for important maintenance and exploration at the mines of PT Kaltim Prima Coal and PT Arutmin Indonesia.

rently, until Thursday (3/19/2020), BUMI's shares are still plunged at the level of Rp50 with a market capitalization of Rp3.35 trillion. Price to Earning Ratio

Editor: Hafiyyan

Emiten berkode saham BUMI itu telah mencatatkan total produksi di kisaran 7 juta – 7,5 juta ton per bulan pada periode Januari hingga Februari 2020.

Tahun ini, perseroan menargetkan pro duksi batu bara naik 5 persen daripada capaian pada 2019 sebesar 87 juta metrik ton, atau terbesar di antara emiten sejeni lainnya.

Untuk penjualan, perseroan berhasil mem bukukan 14,3 juta ton, naik 7,8 persen dibandingkan dengan perolehan pada periode yang sama tahun lalu sebesar 13,1 juta ton. Adapun, sebanyak 70 persen dari total penjualan tersebut merupakan penjualan ekspor.

“Masih sesuai dengan ekspektasi, tetapi kami akan menilai dampak pandemi saat ini pada bulan depan dan akan mengambil tindakan jika diperlukan,” ujar Dileep saat dihubungi Bisnis.com, Kamis (19/3/2020). BUMI mengalokasikan belanja modal atau capital expenditure (capex) tahun ini sebesar US$50 juta hingga US$60 juta dari kas internal yang akan digunakan untuk pemeliharaan dan eksplorasi penting di tambang PT Kaltim Prima Coal dan PT Arutmin Indonesia.

Saat ini, hingga Kamis (19/3/2020), saham BUMI masih terjerembap di level Rp50 dengan kapitalisasi pasar Rp3,35 triliun. Price to Earning Ratio (PER) mencapai 2,38 kali. Editor : Hafiyyan

Page 7

Emiten berkode saham BUMI itu telah l produksi di kisaran 7 7,5 juta ton per bulan pada periode Januari hingga Februari 2020.

Tahun ini, perseroan menargetkan pro-duksi batu bara naik 5 persen daripada capaian pada 2019 sebesar 87 juta metrik ton, atau terbesar di antara emiten sejenis

Untuk penjualan, perseroan berhasil mem-bukukan 14,3 juta ton, naik 7,8 persen dibandingkan dengan perolehan pada periode yang sama tahun lalu sebesar 13,1 juta ton. Adapun, sebanyak 70 persen dari total penjualan tersebut merupakan

“Masih sesuai dengan ekspektasi, tetapi kami akan menilai dampak pandemi saat ini pada bulan depan dan akan mengambil tindakan jika diperlukan,” ujar Dileep saat dihubungi Bisnis.com, Kamis (19/3/2020). BUMI mengalokasikan belanja modal atau

l expenditure (capex) tahun ini sebesar US$50 juta hingga US$60 juta dari kas internal yang akan digunakan untuk pemeliharaan dan eksplorasi penting di tambang PT Kaltim Prima Coal dan PT

Saat ini, hingga Kamis (19/3/2020), saham sih terjerembap di level Rp50 dengan kapitalisasi pasar Rp3,35 triliun. Price to Earning Ratio (PER) mencapai

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IMA-Daily Update

Export Revenue Increases,

Merdeka Copper Prints a

of US$70.82 Million

Thereis Love Kalla

P

T MERDEKA Copper Gold Tbk (MDKA)

recorded profit for the year attributable to the owners of the parent entity of US$ 70.82 million until the end of 2019, an increase of 34.94% compared to the same period in the previous year of US$ 52.48 million.

The increase in profit was supported by operating income which rose 36.80% to US$ 402.03 million from US$ 293.88 million.

"The company's biggest revenue contri bution was supported by gold and silver export sales to third parties amounting to US$ 389.44 million, up 35.87% compared to the same period the previous year of US$ 286.62 million," said Merdeka Copper's management in its financial statements, Thursday (3/19).

The revenue contribution from the sale of gold and silver to local parties was recorded at US$ 23.6 million or an increase of 153.7% compared to the same period in 2018 of Rp 9.3 million. Meanwhile, the company posted hedging realization of US$ 11.9 million, up 440% from the previous US$ 2.2 million.

Meanwhile, based on its mining activity segment, the Seven Hills project is still the main contributor to the company's total revenue by printing revenues of US$ 301.98 million.

"The Wetar project generated revenues of US$ 99.15 million and other projects contributed US$ 895.12 million," said management.

Export Revenue Increases,

a Copper Prints a Profit

70.82 Million

Thereis Love Kalla

Copper Gold Tbk (MDKA) recorded profit for the year attributable to the owners of the parent entity of US$ 70.82 million until the end of 2019, an increase of 34.94% compared to the same he previous year of US$ 52.48

The increase in profit was supported by operating income which rose 36.80% to US$ 402.03 million from US$ 293.88

"The company's biggest revenue contri-bution was supported by gold and silver export sales to third parties amounting to US$ 389.44 million, up 35.87% compared to the same period the previous year of US$ 286.62 million," said Merdeka Copper's management in its financial

The revenue contribution from the sale of gold and silver to local parties was recorded at US$ 23.6 million or an increase of 153.7% compared to the same period in 2018 of Rp 9.3 million. Meanwhile, the company posted hedging realization of US$ million, up 440% from the previous

Meanwhile, based on its mining activity segment, the Seven Hills project is still the main contributor to the company's total revenue by printing revenues of US$

ed revenues of US$ 99.15 million and other projects contributed US$ 895.12 million," said

Pendapatan Ekspor Naik

Merdeka Copper Cetak Laba

US$70,82 Juta

Thereis Love Kalla

P

T MERDEKA Copper Gold Tbk (MDKA)

mencatatkan laba tahun berjalan yang dapat diatribusikan pemilik entitas induk sebesar US$ 70,82 juta hingga akhir 2019, meningkat 34,94% dibanding periode sama tahun sebelumnya sebesar US$ 52,48 juta. Kenaikan laba ditopang oleh p

usaha yang naik 36,80% menjadi US$ 402,03 juta dari sebelumnya sebesar US$ 293,88 juta.

“Kontribusi pendapatan perseroan paling besar ditopang oleh penjualan ekspor emas dan perak kepada pihak ketiga sebesar US$ 389,44 juta, naik 35,87% dibandin

sama tahun sebelumnya sebesar US$ 286,62 juta,” ungkap manajemen Merdeka Copper dalam laporan keuangannya, Kamis (19/3).

Adapun kontribusi pendapatan dari pen jualan emas dan perak kepada pihak lokal tercatat sebesar US$ 23,6 juta atau naik 153,7% dibanding periode sama tahun 2018 sebesar Rp 9,3 juta. Sedangkan, perseroan membukukan realisasi lindung nilai sebesar US$ 11,9 juta naik 440% dari sebelumnya sebesar US$ 2,2 juta.

Sementara itu, berdasarkan segmen aktivitas pertambangannya, proyek Tuj Bukit masih menjadi kontributor utama bagi total pendapatan perseroan dengan mencetak pendapatan sebesar US$ 301,98 juta.

"Adapun proyek Wetar menghasilkan pendapatan sebesar US$ 99,15 juta dan proyek lainnya berkontribusi sebesar US$ 895,12 juta," ungkap manajemen.

Page 8

Pendapatan Ekspor Naik,

Merdeka Copper Cetak Laba

70,82 Juta

Thereis Love Kalla

Copper Gold Tbk (MDKA) mencatatkan laba tahun berjalan yang dapat diatribusikan pemilik entitas induk sebesar US$ 70,82 juta hingga akhir 2019, meningkat 34,94% dibanding periode sama tahun sebelumnya sebesar US$ 52,48 juta. Kenaikan laba ditopang oleh pendapatan usaha yang naik 36,80% menjadi US$ 402,03 juta dari sebelumnya sebesar US$

“Kontribusi pendapatan perseroan paling besar ditopang oleh penjualan ekspor emas dan perak kepada pihak ketiga sebesar US$ 389,44 juta, naik 35,87% dibanding periode sama tahun sebelumnya sebesar US$ 286,62 juta,” ungkap manajemen Merdeka Copper dalam laporan keuangannya, Kamis

n kontribusi pendapatan dari pen-jualan emas dan perak kepada pihak lokal tercatat sebesar US$ 23,6 juta atau naik 7% dibanding periode sama tahun 2018 sebesar Rp 9,3 juta. Sedangkan, perseroan membukukan realisasi lindung nilai sebesar US$ 11,9 juta naik 440% dari sebelumnya sebesar US$ 2,2 juta.

Sementara itu, berdasarkan segmen aktivitas pertambangannya, proyek Tujuh Bukit masih menjadi kontributor utama bagi total pendapatan perseroan dengan mencetak pendapatan sebesar US$ 301,98

proyek Wetar menghasilkan pendapatan sebesar US$ 99,15 juta dan proyek lainnya berkontribusi sebesar US$

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IMA-Daily Update

On the other hand, along with the increase in revenue, it triggered an increase in the cost of revenue recorded to increase 58.96% to US$ 246.59 million from the previous US$ 155.12 million. Meanwhile, operating expenses also rose 29.47% to US$ 20.12 million from US$ 15.54 million. In terms of the balance sheet, the company's total assets were recorded at US$ 951.25 million, up 19.23% compared to the same period in 2018 of US$ 797.80 million. Total assets consisted of current assets of US$ 204.75 million and non current assets of US$ 746.49 million. Meanwhile, total liabilities rose by 13.66% to US$ 427 million from US$ 375.65 million as of December 2018.♦

Corona is spreading, United

Tractor (UNTR) coal mining service

activities are still normal

Reporter: Dimas Andi | Editor: Khomarul Hidayat

T

HE SPREAD of the corona virus began to

infect various types of industries, including coal mining services. PT United Tractor Tbk (UNTR), which has a coal mining contracting business through its subsidiary PT Pamapersada Nusantara (PAMA), looks at this.

United Tracktors Corporate Secretary Sara K. Loebis said, the operational activities of coal mining services carried out by PAMA so far are still running normally without any changes in work schedules.

However, the UNTR applies strict health and safety inspection protocols to each employee so that the corona virus does not spread in the coal mining area.

On the other hand, along with the increase in revenue, it triggered an increase in the cost of revenue recorded to increase 58.96% to US$ 246.59 million from the previous US$ 155.12 million. Meanwhile, operating expenses also rose 29.47% to US$ 20.12 million from US$ 15.54 million. In terms of the balance sheet, the company's total assets were recorded at US$ 951.25 million, up 19.23% compared to the same period in 2018 of US$ 797.80 million. Total assets consisted of current 04.75 million and non-current assets of US$ 746.49 million. Meanwhile, total liabilities rose by 13.66% to US$ 427 million from US$ 375.65 million

Di sisi lain, seiring dengan naiknya pen dapatan, memicu naiknya beban pokok pendapatan yang tercatat meningkat 58,96% menjadi US$ 246,59 juta dari sebelumnya sebesar US$ 155,12 juta. Sedangkan, beban usaha juga naik 29,47% menjadi US$ 20,12 juta dari sebelumnya US$ 15,54 juta.

Dari sisi neraca, total aset perseroan ter catat sebesar US$ 951,25 juta naik 19,23% dibanding periode sama tahun 2018 sebesar US$ 797,80 juta. Total aset terdiri atas aset lancar sebesar US$ 204,75 juta dan aset tak lancar sebesar US$ 746,49 juta. Sedangkan, total liabili

13,66% menjadi sebesar US$ 427 juta dari sebelumnya US$ 375,65 juta per Desember 2018.♦

Corona is spreading, United

Tractor (UNTR) coal mining service

activities are still normal

: Dimas Andi | Editor: Khomarul

of the corona virus began to infect various types of industries, including coal mining services. PT United Tractor Tbk (UNTR), which has a coal mining contracting business through its subsidiary PT Pamapersada Nusantara (PAMA), looks

tors Corporate Secretary Sara K. Loebis said, the operational activities of coal mining services carried out by PAMA so far are still running normally without any changes in work schedules.

However, the UNTR applies strict health protocols to each employee so that the corona virus does not

Corona menyebar, kegiatan jasa

tambang batubara United Tractor

(UNTR) masih normal

Reporter: Dimas Andi Hidayat

P

ENYEBARAN virus corona mulai m

jangkiti berbagai jenis industri, tak terkecuali jasa penambangan batubara. PT United Tractor Tbk (UNTR) yang memiliki bisnis kontraktor penambangan batubara lewat anak usahanya PT Pamapersada Nusantara (PAMA) mencermati hal tersebut.

Sekretaris Perusahaan United Tracktors Sara K. Loebis mengatakan, aktivitas operasional jasa penambangan batubara yang dila oleh PAMA sejauh ini masih berjalan normal tanpa ada perubahan jadwal kerja.

Hanya saja, pihak UNTR menerapkan protokol pemeriksaan kesehatan dan keamanan yang ketat kepada setiap karyawan agar virus corona tidak menyebar di area pertambangan batubara.

Page 9

Di sisi lain, seiring dengan naiknya pen-dapatan, memicu naiknya beban pokok pendapatan yang tercatat meningkat 58,96% menjadi US$ 246,59 juta dari sebelumnya sebesar US$ 155,12 juta. Sedangkan, beban usaha juga naik 29,47% menjadi US$ 20,12 juta dari sebelumnya

total aset perseroan ter-catat sebesar US$ 951,25 juta naik 19,23% dibanding periode sama tahun 2018 sebesar US$ 797,80 juta. Total aset terdiri atas aset lancar sebesar US$ 204,75 juta dan aset tak lancar sebesar US$ 746,49 juta. Sedangkan, total liabilitas naik 13,66% menjadi sebesar US$ 427 juta dari sebelumnya US$ 375,65 juta per Desember

Corona menyebar, kegiatan jasa

tambang batubara United Tractor

(UNTR) masih normal

Dimas Andi | Editor: Khomarul Hidayat

virus corona mulai men-jangkiti berbagai jenis industri, tak terkecuali jasa penambangan batubara. PT United ) yang memiliki bisnis kontraktor penambangan batubara lewat anak usahanya PT Pamapersada Nusantara (PAMA) mencermati hal tersebut.

Sekretaris Perusahaan United Tracktors Sara K. Loebis mengatakan, aktivitas operasional jasa penambangan batubara yang dilakukan oleh PAMA sejauh ini masih berjalan normal tanpa ada perubahan jadwal kerja.

Hanya saja, pihak UNTR menerapkan protokol pemeriksaan kesehatan dan keamanan yang ketat kepada setiap karyawan agar virus corona tidak menyebar di area pertambangan

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IMA-Daily Update

On the other hand, a work from home system is implemented for some employees who work at the PAMA head office.

Sara also admitted that UNTR would not change the operational performance target of the coal mining services business this year even though the corona outbreak had spread in Indonesia. Kontan's Note, UNTR is targeting to produce 130 million tons of coal this year or the same as last year's results.

"As long as the customer does not change the target, we will follow the existing target," Sara said, Thursday (3/19).

She added, the corona virus could have a negative impact on the performance of the UNTR coal mining service business. However, it is uncertain whether the impact is big or small.

For information, PAMA achieved a net income of Rp 39.3 trillion, down 3% (yoy) last year. From the operational side, the volume of PAMA coal production increased from 125.1 million tons to 131.2 million tons.

The company's volume of overburden removal (OB) increased from 979.4 million bcm to 988.9 million bcm last year.

Petrosea (PTRO) Booked

US$31.17 million Profit, Grows

35.82 Percent

Pandu Gumilar

I

SSUER of mining construction owned by

Indika Group PT Petrosea Tbk. posted a net profit of US$ 31.17 million throughout 2019.

On the other hand, a work from home system is implemented for some employees who work at the PAMA head

Sara also admitted that UNTR would not change the operational performance target of the coal mining services business this he corona outbreak had spread in Indonesia. Kontan's Note, UNTR is targeting to produce 130 million tons of coal this year or the same as last year's

"As long as the customer does not change the target, we will follow the existing

id, Thursday (3/19).

She added, the corona virus could have a negative impact on the performance of the UNTR coal mining service business. However, it is uncertain whether the

For information, PAMA achieved a net rillion, down 3% (yoy) last year. From the operational side, the volume of PAMA coal production increased from 125.1 million tons to 131.2 million

The company's volume of overburden removal (OB) increased from 979.4 million

ast year.♦

Di sisi lain, sistem kerja dari rumah atau work from home diterapkan untuk sebagian karyawan yang bekerja di kantor pusat PAMA.

Sara juga mengaku, UNTR belum akan meng ubah target kinerja operasional bisnis jasa penambangan batubara di tahun in

wabah corona telah menyebar di Indonesia. Catatan Kontan, UNTR menargetkan dapat memproduksi 130 juta ton batubara di tahun ini atau sama dengan hasil di tahun lalu. “Selama pelanggan tidak mengubah target, kami akan ikuti target yang ada,” kata S Kamis (19/3).

Ia menambahkan, bisa saja virus corona mendatangkan dampak negatif bagi kinerja bisnis jasa penambangan batubara UNTR. Namun, belum bisa dipastikan besar atau kecilnya dampak tersebut.

Sebagai informasi, PAMA meraih penda patan bersih sebesar Rp 39,3 triliun atau turun 3% (yoy) pada tahun lalu. Dari sisi operasional, volume produksi batubara PAMA naik dari 125,1 juta ton menjadi 131,2 juta ton.

Adapun volume pekerjaan pemindahan tanah atau overburden removal

tersebut meningkat dari 979,4 juta bcm menjadi 988,9 juta bcm di tahun kemarin.

Petrosea (PTRO) Booked

US$31.17 million Profit, Grows

35.82 Percent

of mining construction owned by Indika Group PT Petrosea Tbk. posted a net profit of US$ 31.17 million throughout

Petrosea (PTRO) Bukukan Laba

US$31,17 juta, Tumbuh 35,82

Persen

Pandu Gumilar

E

MITEN konstruksi pertambangan milik

Grup Indika PT Petrosea Tbk. mencetak laba bersih sebesar US$31,17 juta sepanjang 2019.

Page 10

Di sisi lain, sistem kerja dari rumah atau work from home diterapkan untuk sebagian karyawan yang bekerja di kantor pusat

Sara juga mengaku, UNTR belum akan meng-ubah target kinerja operasional bisnis jasa penambangan batubara di tahun ini meski wabah corona telah menyebar di Indonesia. Catatan Kontan, UNTR menargetkan dapat memproduksi 130 juta ton batubara di tahun ini atau sama dengan hasil di tahun lalu. “Selama pelanggan tidak mengubah target, kami akan ikuti target yang ada,” kata Sara,

Ia menambahkan, bisa saja virus corona mendatangkan dampak negatif bagi kinerja bisnis jasa penambangan batubara UNTR. Namun, belum bisa dipastikan besar atau kecilnya dampak tersebut.

Sebagai informasi, PAMA meraih penda-sebesar Rp 39,3 triliun atau turun 3% (yoy) pada tahun lalu. Dari sisi operasional, volume produksi batubara PAMA naik dari 125,1 juta ton menjadi 131,2

Adapun volume pekerjaan pemindahan tanah

overburden removal (OB) perusahaan

ningkat dari 979,4 juta bcm 88,9 juta bcm di tahun kemarin.♦

Petrosea (PTRO) Bukukan Laba

US$31,17 juta, Tumbuh 35,82

Persen

Pandu Gumilar

konstruksi pertambangan milik Grup Indika PT Petrosea Tbk. mencetak laba bersih sebesar US$31,17 juta

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IMA-Daily Update

When compared with the previous year, the issuer coded PTRO shares recorded a profit increase of 35.82 percent. The reason is, in 2018 the company recorded a net profit of US$ 22.95 million.

The net profit per share that can be given is valued at US$ 0.03 down from the previous year's position of US$ 0.02.

The increase in net profit of the issuer, which is 14.74 percent owned by Lo Kheng Hong, was caused by the company's top line which also increased. Throughout 2019, the mining company posted revenues of US$ 476.44 million.

The number was up 2.30 percent from the previous year's position which reached US$ 465.74 million. The cost of goods was US$ 395.31 million, up 0.69 percent annually.

Meanwhile, the company's total assets were recorded at US$ 551.04 million. PTRO current assets reached US$ 222.06 while non-current assets were valued at US$ 328.98 million.

Regarding liabilities, PTRO total liabilities reached US$ 338.48 million, down 7.18 percent on an annual basis. Short liabilities reached US$ 146.33 million with long-term liabilities of US$ 192.14.

In addition, the company recorded capital expenditure of US$ 66.33 million, dow 42.24 percent from the previous year's position of US$ 114.84 million.

Not long ago, PTRO signed a capital participation agreement for Nusantara Resources Limited for the gold project of its subsidiary, PT Masmindo Dwi Area. Petrosea Director Romi Novan

said that the signing was to continue the non-binding term sheet carried out by the holding company PT Indika Energy Tbk. (INDY) with Nusantara and Masmindo When compared with the previous year, the issuer coded PTRO shares recorded a profit increase of 35.82 percent. The he company recorded a

The net profit per share that can be given is valued at US$ 0.03 down from the previous year's position of US$ 0.02.

The increase in net profit of the issuer, which is 14.74 percent owned by Lo Kheng ong, was caused by the company's top line which also increased. Throughout 2019, the mining company posted revenues of US$ 476.44 million.

The number was up 2.30 percent from the previous year's position which reached US$ 465.74 million. The cost of goods sold was US$ 395.31 million, up 0.69 percent

Meanwhile, the company's total assets were recorded at US$ 551.04 million. PTRO current assets reached US$ 222.06 while current assets were valued at US$

total liabilities reached US$ 338.48 million, down 7.18 percent on an annual basis. Short-term liabilities reached US$ 146.33 million with

term liabilities of US$ 192.14.

In addition, the company recorded capital expenditure of US$ 66.33 million, down 42.24 percent from the previous year's

Not long ago, PTRO signed a capital participation agreement for Nusantara Resources Limited for the gold project of its subsidiary, PT Masmindo Dwi Area. Petrosea Director Romi Novan Indrawan said that the signing was to continue the binding term sheet carried out by the holding company PT Indika Energy Tbk. (INDY) with Nusantara and Masmindo...

Bila dibandingkan dengan tahun sebelum nya, emiten berkode saham PTRO itu men catatkan peningkatan laba sebesar 35,82 persen. Pasalnya, pada 2018 laba bersih perseroan tercatat US$22,95 juta.

Adapun laba bersih per saham yang dapat diberikan senilai US$0,03 turun dari posisi tahun sebelumnya US$0,02.

Peningkatan laba bersih emiten yang 14,7 persen sahamnya dimiliki Lo Kheng Hong itu disebabkan oleh top line perseroan yang ikut meningkat. Sepanjang 2019, per usahaan tambang itu membukukan penda patan sebesar US$476.44 juta.

Jumlah itu naik 2,30 persen dari posisi tahun sebelumnya yang mencap

465,74 juta. Beban pokok penjualan tercatat sebesar US$395,31 juta naik 0,69 persen secara tahunan.

Sementara itu, total aset perseroan tercatat sebesar US$551,04 juta. Aset lancar PTRO mencapai US$222.06 sedangkan aset tidak lancar senilai US$328,9

Di sisi kewajiban, total liabilitas PTRO men capai US$338,48 juta turun 7,18 persen secara tahunan. Liabilitas jangka pendek mencapai US$146,33 juta dengan liabilitas jangka panjang sebesar US$192,14.

Selain itu perseroan tercatat menghabiskan belanja modal sebesar US$66,33 juta turun 42,24 persen dari posisi tahun sebelumnya US$114,84 juta.

Belum lama ini, PTRO menandatangani kesepakatan penyertaan modal untuk Nusantara Resources Limited untuk proyek emas entitas anak usahanya PT Masmindo Dwi Area.

Direktur Petrosea Romi Novan Indrawan mengatakan bahwa penandatanganan ter sebut untuk melanjutkan non

sheet yang dilaksanakan oleh induk usaha perseroan PT Indika Energy Tbk.

dengan Nusantara dan Masmindo

Page 11

Bila dibandingkan dengan tahun sebelum-nya, emiten berkode saham PTRO itu men-peningkatan laba sebesar 35,82 persen. Pasalnya, pada 2018 laba bersih perseroan tercatat US$22,95 juta.

Adapun laba bersih per saham yang dapat diberikan senilai US$0,03 turun dari posisi tahun sebelumnya US$0,02.

Peningkatan laba bersih emiten yang 14,74 persen sahamnya dimiliki Lo Kheng Hong itu disebabkan oleh top line perseroan yang ikut meningkat. Sepanjang 2019, per-usahaan tambang itu membukukan penda-patan sebesar US$476.44 juta.

Jumlah itu naik 2,30 persen dari posisi tahun sebelumnya yang mencapai US$ 465,74 juta. Beban pokok penjualan tercatat sebesar US$395,31 juta naik 0,69 persen

Sementara itu, total aset perseroan tercatat sebesar US$551,04 juta. Aset lancar PTRO mencapai US$222.06 sedangkan aset tidak lancar senilai US$328,98 juta.

Di sisi kewajiban, total liabilitas PTRO men-capai US$338,48 juta turun 7,18 persen secara tahunan. Liabilitas jangka pendek mencapai US$146,33 juta dengan liabilitas jangka panjang sebesar US$192,14.

Selain itu perseroan tercatat menghabiskan nja modal sebesar US$66,33 juta turun 42,24 persen dari posisi tahun sebelumnya

Belum lama ini, PTRO menandatangani kesepakatan penyertaan modal untuk Nusantara Resources Limited untuk proyek emas entitas anak usahanya PT Masmindo

Direktur Petrosea Romi Novan Indrawan mengatakan bahwa penandatanganan ter-sebut untuk melanjutkan non-binding term sheet yang dilaksanakan oleh induk usaha perseroan PT Indika Energy Tbk. (INDY) dengan Nusantara dan Masmindo...

(12)

IMA-Daily Update

(INDY) with Nusantara and Masmindo on 9 December 2019 related to the acquisition of Nusantara's Awak Emas project.

"As a continuation of the signing of the non-binding term sheet, on 25 February 2020 the company has signed an Options Subscription Agreement with Nusantara," he said. Editor: Hafiyyan

National Ship Rules Revoked,

This is Bumi Resources Response

Rahajeng Kusumo Hastuti, CNBC Indonesia

P

T BUMI Resources Tbk (BUMI) welcomed

the revocation of Regulation of the Minister of Trade (Permendag) No. 82 of 2017 concerning the Use of National Insurance and Ships for the Export and Import of Certain Commodities. This means that provisions that require the use of national vessels for coal exports will be abolished. Director and Corporate Secretary Dileep Srivastava said that the company's coal export is based on Free on Board (FOB) and ensures that its clients do not experience difficulties in receiving coal

70% of the company's coal sales rely on the export market.

"I heard the obligation to export using national vessels has been reviewed and revoked, of course this has been positive for us," said Dileep when contacted by CNBC Indonesia, Thursday (03/19/2020). During 2019, coal issuers recorded a 5% increase in production, with total production reaching 87 million tons, up compared to 2018 with production of 83 million tons.

Masmindo on 9 December 2019 related to the acquisition of Nusantara's Awak Emas project.

"As a continuation of the signing of the binding term sheet, on 25 February 2020 the company has signed an Options Subscription Agreement with Nusantara,"

(INDY) dengan Nusantara dan Masmindo pada 9 Desember 2019 terkait dengan akuisisi proyek Awak Emas yang dimiliki Nusantara.

“Sebagai kelanjutan penandatangan non binding term sheet tersebut, pada 25 Februari 2020 perseroan telah menanda tangani Options Subscription Agreement dengan Nusantara,” ujarnya.

National Ship Rules Revoked,

This is Bumi Resources Response

Resources Tbk (BUMI) welcomed the revocation of Regulation of the Minister of Trade (Permendag) No. 82 of 2017 concerning the Use of National Insurance and Ships for the Export and Import of Certain Commodities. This means that use of national vessels for coal exports will be abolished. Director and Corporate Secretary Dileep Srivastava said that the company's coal export is based on Free on Board (FOB) and ensures that its clients do not experience difficulties in receiving coal. Moreover, 70% of the company's coal sales rely on the

"I heard the obligation to export using national vessels has been reviewed and revoked, of course this has been positive for us," said Dileep when contacted by

(03/19/2020). During 2019, coal issuers recorded a 5% increase in production, with total production reaching 87 million tons, up compared to 2018 with production of 83

Aturan Kapal Nasional Dihapus,

Ini Respons Bumi Resources

P

T BUMI Resources Tbk (BUMI) menyambut

baik pencabutan Peraturan Menteri Perda gangan (Permendag) Nomor 82 Tahun 2017 tentang Penggunaan Asuransi dan Kapal Nasional Untuk Ekspor dan Impor Komoditas Tertentu. Artinya ketentuan yang

kan penggunaan kapal nasional untuk ekspor batu bara akan dihapuskan.

Direktur dan Sekretaris Perusahaan Dileep Srivastava mengatakan ekspor batu bara perusahaan berbasis Free on Board (FOB) dan memastikan kliennya tidak mengalami kesulitan dalam menerima batu bara. Apalagi 70% dari penjualan batu bara perusahaan mengandalkan pasar ekspor.

"Saya mendengar kewajiban ekspor meng gunakan kapal nasional sudah ditinjau ulang dan dicabut, tentu hal ini menjadi positif buat kami," kata Dileep saat dihubung

Indonesia, Kamis (19/03/2020).

Sepanjang 2019, emiten batu bara ini men catatkan kenaikan produksi sebesar 5%, dengan total produksi mencapai 87 juta ton, naik dibandingkan 2018 dengan produksi 83 juta ton.

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(INDY) dengan Nusantara dan Masmindo pada 9 Desember 2019 terkait dengan akuisisi proyek Awak Emas yang dimiliki

“Sebagai kelanjutan penandatangan non-binding term sheet tersebut, pada 25 Februari 2020 perseroan telah menanda-tangani Options Subscription Agreement dengan Nusantara,” ujarnya. Editor : Hafiyyan

Aturan Kapal Nasional Dihapus,

Ini Respons Bumi Resources

Hastuti, CNBC Indonesia

Resources Tbk (BUMI) menyambut baik pencabutan Peraturan Menteri Perda-gangan (Permendag) Nomor 82 Tahun 2017 tentang Penggunaan Asuransi dan Kapal Nasional Untuk Ekspor dan Impor Komoditas Tertentu. Artinya ketentuan yang mewajib-kan penggunaan kapal nasional untuk ekspor batu bara akan dihapuskan.

Direktur dan Sekretaris Perusahaan Dileep Srivastava mengatakan ekspor batu bara perusahaan berbasis Free on Board (FOB) dan memastikan kliennya tidak mengalami enerima batu bara. Apalagi 70% dari penjualan batu bara perusahaan mengandalkan pasar ekspor.

"Saya mendengar kewajiban ekspor meng-gunakan kapal nasional sudah ditinjau ulang dan dicabut, tentu hal ini menjadi positif buat kami," kata Dileep saat dihubungi CNBC Indonesia, Kamis (19/03/2020).

Sepanjang 2019, emiten batu bara ini men-catatkan kenaikan produksi sebesar 5%, dengan total produksi mencapai 87 juta ton, naik dibandingkan 2018 dengan produksi 83

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IMA-Daily Update

The company's sales also rose 7% to 87 million tons, while in 2018 sales were only 81 million tons with production of 83 million tons.

"This figure is in line with the company's targets and expectations in early 2019, although there are many challenges in the coal sector," Dillep said.

Nevertheless for 2019 the company's financial performance according to Dileep still had to wait for an audit. Dileep said that for this year's target, the company will only conduct a review in April 2020.

In January-February 2020, the company also recorded a 9% increase in sales or 14.3 million tons, compared to the same period in 2019 of 13.1 million tons.

"For March sales, the amount may be almost the same. Around

20-production costs are fuel, if we can get imported fuels, we should be able to reduce costs," said Dileep.

Previously this Regulation of the Minister of Trade 82/2017 had caused concern because the national ship was not ready yet, so it was feared it would disrupt exports. Executive Director of the Indonesian Coal Mining Association (APBI) Hendra Sinadia said that his party appreciated the government's policy to revoke this Permendag.

"Until now we are still waiting for the revision of the Regulation of the Minister of Trade which revokes the obligation to use national vessels for coal exports,"

He further said that with these rules actually made exports hampered. "Because these regulations hamper exports and are not in line with government and community efforts to prevent the impact of the spread of the COVID-19 virus," he added. (dob/dob)

The company's sales also rose 7% to 87 lion tons, while in 2018 sales were only 81 million tons with production of 83

"This figure is in line with the company's targets and expectations in early 2019, although there are many challenges in the

s for 2019 the company's financial performance according to Dileep still had to wait for an audit. Dileep said that for this year's target, the company will only conduct a review in April 2020.

February 2020, the company ase in sales or 14.3 million tons, compared to the same period in 2019 of 13.1 million tons.

"For March sales, the amount may be -30% of our production costs are fuel, if we can get imported fuels, we should be able to

Previously this Regulation of the Minister of Trade 82/2017 had caused concern because the national ship was not ready yet, so it was feared it would disrupt exports. Executive Director of the Indonesian Coal Mining Association (APBI) ra Sinadia said that his party appreciated the government's policy to

"Until now we are still waiting for the revision of the Regulation of the Minister of Trade which revokes the obligation to use national vessels for coal exports," he said. He further said that with these rules actually made exports hampered. "Because these regulations hamper exports and are not in line with government and community efforts to prevent the impact of 19 virus," he

Penjualan perusahaan pun naik 7% menjadi 87 juta ton, sementara pada 2018 penjualan hanya 81 juta ton dengan produksi 83 juta ton.

"Angka ini sesuai dengan target dan ekspektasi perusahaan di awal 2019, meski ada banyak tantangan di sektor batu bara," kata Dillep.

Meski demikian untuk kinerja keuangan perusahaan 2019 menurut Dileep masih harus menunggu audit. Dileep mengatakan untuk target tahun ini perusahaan baru aka melakukan peninjauan kembali pada April 2020.

Pada Januari-Februari 2020, perusahaan juga mencatatkan kenaikan penjualan 9% atau sebesar 14,3 juta ton, dibandingkan periode yang sama 2019 sebanyak 13,1 juta ton. "Untuk penjualan Maret mungkin jumlahnya hampir sama. Sekitar 20

kami adalah bahan bakar, apabila kami bisa mendapatkan impor bahan bakar maka seharusnya bisa mengurangi biaya," kata Dileep.

Sebelumnya Permendag 82/2017 ini sempat bikin khawatir karena kapal nasional yang belum siap sehingga dikhawatirkan akan mengganggu ekspor. Direktur Eksekutif Asosiasi Pertambangan Batubara Indonesia (APBI) Hendra Sinadia mengatakan pihaknya mengapresiasi kebijakan pemerintah untuk mencabut Permendag ini.

"Hingga saat ini kami masih menunggu r Permendag yang mencabut

penggunaan kapal nasional untuk ekspor batu bara," ungkapnya.

Lebih lanjut dirinya mengatakan dengan aturan tersebut justru membuat ekspor ter hambat. "Karena aturan tersebut meng hambat ekspor dan tidak sejalan deng upaya pemerintah dan masyarakat dalam mencegah dampak penyebaran virus COVID 19," imbuhnya. (dob/dob)

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Penjualan perusahaan pun naik 7% menjadi 87 juta ton, sementara pada 2018 penjualan hanya 81 juta ton dengan produksi 83 juta

"Angka ini sesuai dengan target dan ekspektasi perusahaan di awal 2019, meski ada banyak tantangan di sektor batu bara,"

Meski demikian untuk kinerja keuangan perusahaan 2019 menurut Dileep masih harus menunggu audit. Dileep mengatakan untuk target tahun ini perusahaan baru akan melakukan peninjauan kembali pada April

Februari 2020, perusahaan juga mencatatkan kenaikan penjualan 9% atau sebesar 14,3 juta ton, dibandingkan periode yang sama 2019 sebanyak 13,1 juta ton. "Untuk penjualan Maret mungkin jumlahnya

ampir sama. Sekitar 20-30% cost produksi kami adalah bahan bakar, apabila kami bisa mendapatkan impor bahan bakar maka seharusnya bisa mengurangi biaya," kata

Sebelumnya Permendag 82/2017 ini sempat bikin khawatir karena kapal nasional yang iap sehingga dikhawatirkan akan mengganggu ekspor. Direktur Eksekutif Asosiasi Pertambangan Batubara Indonesia (APBI) Hendra Sinadia mengatakan pihaknya mengapresiasi kebijakan pemerintah untuk mencabut Permendag ini.

"Hingga saat ini kami masih menunggu revisi Permendag yang mencabut kewajiban penggunaan kapal nasional untuk ekspor

Lebih lanjut dirinya mengatakan dengan aturan tersebut justru membuat ekspor ter-hambat. "Karena aturan tersebut meng-hambat ekspor dan tidak sejalan dengan upaya pemerintah dan masyarakat dalam mencegah dampak penyebaran virus