Precio Bukit Asam Tbk PT (TBNGY)

PT Bukit Asam Tbk engages in the business of coal mining activities. The company is headquartered in Palembang, Sumatera Selatan and currently employs 1,649 full-time employees. The company went IPO on 2002-12-23. The company engages in general surveying, exploration, exploitation, processing, refining, transportation and trading, and management of special coal port facilities. Its segments include coal segment and other segments. The coal segment includes general research activities, exploration, exploitation, processing, refining, transportation and trading, maintenance of special coal dock facilities for internal interests and other parties, and operation of steam power plants for internal interests and other parties. The company covers an area of approximately 68,777 hectares (Ha) spread across several locations in the provinces of South Sumatra, West Sumatra, and Riau. The other segment includes contractor services, briquette processing, oil palm plantations, palm oil processing, and health services. Its subsidiaries include PT Batubara Bukit Kendi, PT Bukit Asam Prima, PT Internasional Prima Coal, among others.