Bakrie Tower,12thfloor Komplek Rasuna Epicentrum Jl. H.R. Rasuna Said
Jakarta, INDONESIA 12940
Website: https://www.bumiresources.com
Company Information
BUMI ANNOUNCES 1stSEMESTER 2025 RESULTSASP DROPS 19% LOWERING REVENUE BY 20.4%
OPERATING MARGIN MAINTAINED AT 5%
PROFIT BEFORE TAX $88.6 MILLION, NET INCOME $52.1 MILLION, NET INCOME ATTRIBUTABLE TO OWNERS $20.4 MILLION
Jakarta, 1stAug 2025
PT Bumi Resources Tbk (BUMI) confirms that the Unaudited Financials for 1stSemester 2025 have been posted on IDX and BUMI websites on 31stJuly 2025.
Attached for your information are:
The Income Statement for 1H-2025 is PSAK 111 compliant ie specifically excludes KPC which is equity accounted (Appendix 1).
The Consolidated Income Statement 1H-2025, including KPC, is highlighted below for benefit of investors and compared YOY (Appendix 2).
Operating Metrics of the BUMI on full basis for 1H-2025 (YOY) are attached (Appendix 3).
Revenues
US$677.9 million vs US$595.8 million or increase by $82.1mn
13.8%
Cost of Revenues US$(570.9) million vs US$(542.1) million or increase by 5.3%
Gross Profit US$107.0 million vs US$53.7 million or increase by 99.1%
Operating Expenses US$(51.7) million vs US$(41.4) million or increase by 24.9%
Operating Profit US$55.3 million vs US$12.3 million or increase by 349.0%
Operating Margin 8.2% vs 2.1%
Profit Before Income Tax US$51.5 million vs US$62.6 million or decrease by 17.7%
NET Income US$38.6 million vs US$93.0 million or decrease by 58.5%
Profit for the Period
Attributable to Owners of the Parent
US$20.4 million vs US$84.9 million or decrease by 76.0%
Comments on Consolidated Performance 1H-2025 vs 1H-2024
Revenues
US$2,300.3 million vs US$ US$2,888.3 million or decrease by $588.0mn
(-20.4%)
Cost of Revenues US$(2,077.6) million vs US$(2,628.5) million or decrease by 21.0%
Gross Profit US$222.7 million vs US$259.8 million or decrease by 14.3%
Operating Expenses US$(107.8) million vs US$(116.6) million or decrease by 7.5%
Operating Income US$114.8 million vs US$143.2 million or decrease by 19.8%
Operating Margin 5.0% vs 5.0%
Profit Before Income Tax US$88.6 million vs US$141.1 million or decrease by 37.2%
Profit for the Period - NET US$52.1 million vs US$134.9 million or decrease by 61.4%
Net Income for the
Period Attributable to Owners of the Parent
US$20.4 million vs US$84.9 million or decrease by 76.0%
Financial Highlights based on Consolidated - 1H-2025 vs 1H-2024ASP drops 19% lowering revenue by 20.4%. Operating Margin maintained at 5%.
Profit Before Tax US$88.6 Million, Net Income US$52.1 Million, Net Income Attributable To Owners US$20.4 Million.
Operating Performance 1H'25 vs 1H'24Overburden Removed (mbcm) : 290.5 vs 337.6 - 14% down Strip Ratio : 8.1 vs 8.9
Coal Mined : 35.9MT vs 37.7MT - decrease by 5%
Coal Sales : 34.8MT vs 37.0MT - decrease by 6%
FOB Prices : $61.3/t vs US$75.2/t - decrease by 19%
Inventory : 2.7MT vs 3.1MT
FY 2025 GuidanceSales : 76MT - 78MT
Average forecast price : US$60/t - US$62/t Production cash cost : ca US$44/t - US$46/t
EARNINGS CALL ON 1H-2025 RESULTSAn earnings call is planned - details would be advised separately.
For further information, please contact:
PT Bumi Resources Tbk.
Tel (62-21) 5794 2080
Fax (62-21) 5794 2070
email https://www.bumiresources.com
Appendix - 1
PSAK111 Income Statement 1H-2025 vs 1H-202430 Juni/June 30, 2025 | 30 Juni/June 30, 2024 | |||
Setelah PSAK 111 | Setelah PSAK 111 | |||
After PSAK 111 | After PSAK 111 | |||
PENDAPATAN | 677,932,177 | 595,841,018 | REVENUES | |
BEBAN POKOK PENDAPATAN | (570,905,363) | (542,095,573) | COST OF REVENUES | |
LABA BRUTO | 107,026,814 | 53,745,445 | GROSS PROFIT | |
BEBAN USAHA | (51,731,579) | (41,429,564) | OPERATING EXPENSES | |
LABA USAHA | 55,295,235 | 12,315,881 | OPERATING INCOME | |
BEBAN LAIN-LAIN - NETO | (3,774,948) | 50,312,650 | OTHER (EXPENSE) INCOME - NET | |
LABA SEBELUM BEBAN | INCOME BEFORE INCOME | |||
PAJAK PENGHASILAN | 51,520,287 | 62,628,531 | TAX EXPENSE | |
BEBAN PAJAK PENGHASILAN | (11,540,729) | 31,328,499 | INCOME TAX EXPENSE | |
LABA NETO SETELAH PAJAK | 39,979,558 | 93,957,030 | NET INCOME AFTER TAX | |
BAGI HASIL | (1,424,596) | (999,452) | PROFIT SHARING | |
LABA NETO | 38,554,962 | 92,957,578 | NET INCOME | |
Laba Periode Berjalan yang Dapat | Total Net Income For The Period | |||
Diatribusikan Kepada: Pemilik Entitas Induk | 20,406,300 | 84,913,489 | Attributable To: Owners of the Parent Company | |
Kepentingan Non-Pengendali | 18,148,662 | 8,044,089 | Non-Controlling Interests | |
38,554,962 | 92,957,578 |
Consolidated Income Statement 1H-2025 vs 1H-2024 - Including KPC & Arutmin
Appendix - 2
Operational Summary (ON FULL BASIS) - 1H-2025 vs 1H-2024
Appendix -3