PT RMK Energy Tbk (RMKE) recorded an increase in coal sales of around 6.5% to 1.2 million metric tons in June 2024. The company has achieved its 2024 coal sales target by 34.1%.
President Director of RMKE, Vincent Saputra said, the growth in coal sales volume was supported by the production growth of the in-house mine, PT Truba Bara Banyu Enim (TBBE) which produced 92.4 thousand metric tons in June 2024. With a monthly increase of around 31.8%, it has successfully met its annual target of 30.7%.
“The increase in coal production volume in June was supported by weather conditions that began to improve in the second quarter of 2024,” Vincent said in an official statement, Wednesday (8/7).
According to him, in the second quarter of this year the weather became more friendly. The volume of the coal sales segment in June 2024 continued to increase significantly. With improved operational performance, said Vincent, this will also have a positive impact on financial performance in the second quarter of this year.
Not only TBBE, the production of several mines in the South Sumatra area has also improved so that RMKE's barge loading volume has also increased. Vincent Saputra said that in the second quarter of this year the weather became more friendly, the volume of coal sales segment in June 2024 continued to increase significantly.
In addition, it is planned that this year RMKE will also develop its coal logistics business outside the South Sumatra area by collaborating with new mines.
“With expansion opportunities outside South Sumatra and more collaborations, we are increasingly optimistic to be able to maintain sustainable growth in operational and financial performance,” he concluded.
