Powering life with Future Energy and Beyond
Other Business: Coal business (SAR)
ptt
QoQ: NI dropped due to lower sales volume from export banned and hedging loss
2021 vs 2020: NI increased from higher avg. selling prices referenced to Newcastle price surged and impairment of assets in 2020
Avg. Selling Price¹/ & Cash cost¹/
Sales Volume
Unit: $/Ton
184
૨૦૨
264
|
I
43%
I
I
Newcastle
89
95
99
Avg. Selling
4%
Price
68
I 60
61
50
I
60
Total Cash
44
22%
Costs
1Q21
4Q21
1/ Average Calorific value ~5,400 kcal/kg
Net Income (100%)
Unit: MMUSD
1Q22
2020
K.Ton
24% QoQ
8%
ΥΟΥ
6,366
4%
6,136
75
461
Total Sales
Volume
Sebuku
137
83
1,784
54
5,905
6,061 Jembayan
49
1,468
8
1,354
43
I
1,468
1,776
1,354
2021
1Q21
4Q21
1Q22
2020
2021
Key Highlights
>100%
૨૦૨
<(100)% QoQ
<(100)% YoY
NI
69
(198)
97
Operating
22
21
profit
(10)
Extra
items
-219
1Q21
4Q21
1Q22
2020
2021
Higher coal hedging loss following rising Newcastle price
Sales volume largely dropped from lower production plan and export banned from
government in Jan'22 and postponed shipment to 2Q22
+ Avg. selling prices increased due to escalated Newcastle price despite capped price
for domestic sales
2021 vs 2020
+ Avg. selling prices largely improved following referenced Newcastle price
Sales volume dropped from lower production plan and ceased operation of the Sebuku
coal mine
+ NI improved mainly from sharply increased avg. selling prices and there was
impairment of assets in 2020
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