ABMM Ramps Up Aceh Mining Output as First-Half Profit Surges 42%

PT ABM Investama Tbk (ABMM) accelerated production from its coal mining operations in Aceh during the first half of 2026 to capitalize on improving coal market conditions. The strategy became one of the main drivers of the company's higher profitability amid ongoing challenges in the mining industry.

Hans Manoe, Director of PT ABM Investama Tbk, said the company recorded improved profitability during the period, supported by higher coal production and the stabilization of its mining contractor business.

"Although the industry continues to face various challenges, supportive coal prices have provided the company with an opportunity to capitalize on the momentum through operational excellence," Hans said in a statement, as quoted on Sunday (Aug. 2, 2026).

The company said higher coal prices, driven by elevated fuel costs amid global geopolitical tensions, created momentum to increase production, particularly in the second quarter of 2026. The move contributed to higher coal sales volumes while supporting the company's net profit.

During the first half of 2026, ABMM posted relatively stable consolidated revenue of USD 506.2 million. However, adjusted EBITDA rose 6.4% year on year to USD 346.9 million, while net profit jumped 41.9% to US$39.9 million.

The company also increased coal production by 14.2% to 17.9 million tons, driven by higher output at one of its mining sites in South Kalimantan. Meanwhile, higher coal sales were also supported by the production ramp-up at its Aceh mine during the second quarter of 2026.

In addition to taking advantage of favorable coal prices, ABMM maintained disciplined cost management, enabling it to preserve profitability. The stability of its mining services contractor business also contributed through improvements in various operational indicators.

In the logistics segment, one of the company's subsidiaries secured a long-term logistics services contract from a key customer, classified as an A-list client, strengthening the sustainability of its business going forward.

Entering the second half of 2026, ABMM expects production from its Aceh mine to continue increasing. At the same time, the company is completing the permitting process for a new coal mining asset in Central Kalimantan, which is targeted for completion by the end of this year.

Source: https://emitennews.com/news/abmm-kebut-produksi-tambang-aceh-laba-semester-i-melonjak-42-persen

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