PT Indo Tambangraya Megah Tbk. managed to achieve a better performance during third quarter 2015. The company booked a 23% increase in net income to USD 25 million from USD 20 million in the previous quarter.
Amidst current weakening coal selling price, a positive sign has appeared in the introduction of the year. PT Indo Tambangraya Megah Tbk. in the first quarter booked an increase of 20% in net income to USD 38 million from USD 32 million in the previous quarter.
PT Indo Tambangraya Megah Tbk. has booked a slight increase in sales volume by 1% to 14 million tons year-on-year in the first semester of 2015 with China (20%), India (18%), Japan (17%), Indonesia (13%) and Thailand (10%) being the largest market.