Adaro Energy Hits Target, Delivering 2012 EBITDA of US$1.1 Billion

March 20, 2013, 10:27 am | Admin

PT Adaro Energy Tbk (IDX: ADRO) announced today audited consolidated financial statements for the fiscal year ended December 31, 2012 (FYE12). Our net revenue decreased 6.6% year over year (y-o-y) to US$3,722 million from US$3,987 million due to decreased sales volumes and lower average selling price because of challenging market conditions. Our EBITDA and net income were US$1,088 million and US$383.3 million, respectively, with EBITDA in-line with our 2012 guidance of US$1,000 million to US$1,300 million.

General Media:
For further information, please contact:
Devindra Ratzarwin
Corporate Secretary
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: corsec@ptadaro.com

Financial Media:
For further information, please contact:
Mr. Cameron Tough
Head of Investor Relations
Tel: (6221) 521 1265
Fax: (6221) 5794 4685
Email: cameron.tough@ptadaro.com

 

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