The mining contractor issuer of the Northstar Group, PT Delta Dunia Makmur Tbk. ( DOID ) targets revenues in 2022 to reach Rp1.3 billion-US$1.5 billion or around Rp18.85 trillion-Rp21.75 trillion. DOID management in the public expose said that it targets revenues of US$1.3 billion-US$1.5 billion in 2022, up from US$911 million in 2021. As of March 2022, DOID posted revenues of US$332 million, up 108 percent year on year. (YoY).

"Estimated Ebitda in 2022 is US$320-US$380 million," the management wrote, quoted on Monday (27/6/2022). Also Read: Northstar DOID Group Wins Mining Contract of IDR 3.25 Trillion in Australia As of March 2022, DOID recorded an Ebitda of US$70 million, with an Ebitda margin of 23.9 percent. In 2021, DOID's Ebitda realization will reach US$234 million. DOID allocates capital expenditure of US$150 million-US$200 million in 2022. These funds are to support a number of operational performances.

By 2022, DOID is targeting a 480 million-565 million bank cubic meter (BCM) overburden removal. Meanwhile, the coal production target is 74 million-86 million tons by 2022. Also Read: Delta Dunia (DOID) Buyback Shares, Budget Rp473.55 Billion In 2021, DOID will strip 326 million BCM of soil, and 124 million BCM as of March 2022. Coal production in 2021 will reach 54 million tons, and 18 million tons as of March 2022.

Source: https://market.bisnis.com/read/20220627/192/1548405/delta-dunia-doid-targetkan-pendapatan-rp2175-triliun-pada-2022