PT Tambang Coal Bukit Asam Tbk (PTBA) coal sales projected for next year would increase by 20 percent or 15 million tons from the target for this year is 13.2 million tons. "Next year we are projecting sales rose 20 percent to be 15 million. Now 13.2 million, the market will go up. If the price could rise as the beginning of 2008 our revenues will peak," said Director of PTBA Sukrisno Investors press conference after the Summit at the Ritz - Carlton Pacific Place, Jakarta, Wednesday (2/12/2009).
He also predicted the end of this year will receive PTBA net income well above Rp9 trillion with an estimated price obtained through third-quarter 2009, which for $ 36, 93 per ton.
The PTBA coal production during the period January-September 2009 reached 8.59 million tons or up approximately 11.1 percent compared to the same period last year, while sales volume reached 8.73 million tons for the same period reached Rp6 income, 55 trillion.
"The composition of sales of coal for export and domestic in the period January-September 2009 consisting of 70 percent domestic and 30 percent of exports," he added.
Also next year will also continue PTBA acquisition of eight mining contracts with a total budgeted investment of Rp2 trillion, or increased compared to the previous investment that reached Rp1, 5 triiun. Currently still in the process of due dilligence.
"I hope there are one or two companies that could be obtained. In this little choked up because some companies do not fit the criteria," he added
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