Wed 27 May 2026, 19:17 PM
Share
PT Paragon Karya Perkasa Tbk (PKPK), through its subsidiary PT Tri Oetama Persada (TRIOP), announced that the company has obtained approval for its Work Plan and Budget (RKAB) from Indonesia’s Ministry of Energy and Mineral Resources (ESDM), with a coal production quota of 3 million tons for 2026.
In the first quarter of 2026, PKPK recorded coal sales of 264,516 tons, generating revenue of IDR 196.53 billion and net profit of IDR 26.06 billion. With the newly approved 3 million ton RKAB quota, the company expects to achieve a significant increase in profitability.
PKPK President Director Haryanto Sofian stated that the RKAB approval provides certainty for the company in executing its operational plans and production targets.
“The company remains optimistic that it can strengthen revenue contribution, improve operational efficiency, and create long-term value for shareholders and all stakeholders,” he said in a public disclosure on Tuesday (May 26, 2026).
PKPK also reaffirmed its commitment to conducting business activities in accordance with Good Mining Practice principles, compliance with prevailing regulations, and strong corporate governance standards.