
Indonesian Coal Giant ITMG Posts Over Rp 28 Trillion Revenue in 9 Months, Net Profit Up 24.7%
PT Indo Tambangraya Megah Tbk (ITMG) reported revenues of approximately Rp 28.82 trillion (US$1.6 billion) for the nine months ending September 30, 2026, a 17% increase year-on-year. This growth was driven by higher sales volumes and coal prices. Net profit also rose by 24.7% to around Rp 2.93 trillion (US$162.93 million).
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Indonesia: The Shadowy Route for High-End Nvidia Chips to China
Indonesia is reportedly emerging as a potential indirect route for high-end Nvidia chips, particularly H100s crucial for AI development, to reach China, circumventing US export restrictions. The company Megaspeed is implicated, highlighting escalating geopolitical maneuvering.
- China's Export Controls: A Shadow Over India's Industrial Future?
China's export controls, ostensibly developed for great power competition, are increasingly significant for India's industrial future. The restrictions could impact India's ambitions for industrial upgrading and supply chain diversification.
- Hidayat Nur Wahid Resigns as Deputy Speaker of MPR
Hidayat Nur Wahid has resigned from his position as Deputy Speaker of Indonesia's People's Consultative Assembly (MPR). The reasons for his resignation have not yet been disclosed, drawing attention to future political developments.
- China's Growing Influence in Bhutan's Economy Challenges India's Dominance
Despite lacking official diplomatic ties, China's trade with Bhutan is growing as the latter's demand for Chinese goods increases. This development could pose a new geopolitical challenge to India, which has long held economic dominance in Bhutan.