News

28 feb
News  Sturdier Performance in 2017, ITM Transforms Itself into Energy Company 28 Feb 2018 15:44

For 2018 the company is executing several strategies to make its position as energy company stronger.

15 nov
News  Global Demand Keeps on the Rise, Net Income Increases Consistently 15 Nov 2017 16:29

Price continued to increase, the company's net income rose consistently.

18 aug
News  Net Income Tripled Resulting from Higher Average Price 18 Aug 2017 16:23

Net income has tripled due to higher ASP.

23 may
News  ITM’s Net Income Doubles Amidst Increased Coal Price Momentum 23 May 2017 10:30

The company successfully gained the momentum as the coal price rose significantly in the previous quarter.

02 mar
News  ITM: Coal Price Rebound and Strong 2016 Performance 2 Mar 2017 10:09

The company experienced a significant rebound.

16 nov
News  Stronger Performance Driven by Efficiency Gains and Higher Coal Price 16 Nov 2016 11:35

The company has cut cost production by 30% since 2013.

18 aug
News  As ITM Retains Net Income, Silver Lining Emerges 18 Aug 2016 09:52

With intensive efficiency in the first place, PT Indo Tambangraya Megah Tbk. has managed to book positive performance in the first half year of 2016 amidst prolonged weak coal price due to oversupply in the market. The good news is that all global coal indexes have seen a significant rising trend.

13 may
News  Efisiensi Biaya Semakin Gencar, Kinerja Tetap Positif 13 May 2016 09:53

Kinerja positif pada kuartal pertama tahun 2016 berkat strategi efisiensi biaya yang semakin gencar

26 feb
14 jan
News  ITM Performs Better in the Third Quarter 14 Jan 2016 00:00

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.

05 jan
News  Higher Net Income Recorded due to Consistent Efficiency 5 Jan 2016 00:00

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.