TBS Energi Utama Sees Profit Growth Driven by Waste Management & Electric Vehicles
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TBS Energi Utama Sees Profit Growth Driven by Waste Management & Electric Vehicles

PT TBS Energi Utama Tbk (TOBA) announced a 105% surge in gross profit and a 72% reduction in net loss for the nine months ending September 30, 2026. The company's strategic shift towards sustainable infrastructure, particularly waste management and electric vehicles, is driving this significant financial turnaround.

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