BUMA International Group 9M 2025 Results Reflect Continued Recovery with Stronger QoQ Performance

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JAKARTA, Indonesia, Nov. 28, 2025 /PRNewswire/ — PT BUMA Internasional Grup Tbk (BUMA International Group, IDX: DOID, “the Group”) reported continued operational and financial improvements for the nine months ended 30 September 2025 (“9M25”). Third quarter (3Q25) results extended the recovery momentum established in the second quarter (2Q25), supported by higher effective working hours and shorter cycle times across key sites. While year-to date performance remained affected by the significant disruptions in 1Q25, quarter-on-quarter (QoQ) results continued to improve, demonstrating growing operational consistency.

3Q25: Recovery Strengthens Across Volumes, Productivity, and Earnings
Operational performance continued to improve through 3Q25, following the recovery that began in 2Q. Overburden removal increased by 4% from 1Q to 2Q and by 25% from 2Q to 3Q, reflecting stronger operational conditions. Equipment working hours rose 29% from January to September, driven by higher equipment readiness and stronger utilization, while non-productive hours fell 53%, due to drier weather and faster post-rain recovery. Cycle times improved 12% following stronger operational planning that reduced dump-time and queuing delays, supported by bottlenecks fixes across disposal areas, haul roads, and geological material issues.

These operational gains resulted in lower unit costs across multiple areas. Unit cash costs per BCM fell 28% from 1Q to 3Q. Manpower cost per BCM dropped 45% as stricter shift discipline reduced the operator-to-equipment ratio by 13% over the same period. Fuel cost per BCM declined 14% as fuel consumption dropped 10%, driven by the aforementioned cycle time improvement initiatives. Repair and maintenance cost per BCM decreased 13%, enabled by condition-based maintenance and better component planning, which increased average component life by 28%.

In 3Q25, overburden reached 128 million bank cubic meter (MBCM) and coal production totalled 22 million tonnes (MT), up 18% and 12% QoQ, respectively. These improvements were supported by higher effective working hours and shorter cycle times, as the result of faster post-rain recovery, tighter shift execution, smoother haul roads, and bottleneck fixes across disposal areas.

3Q25 revenue increased to US$400 million, up 6% QoQ in line with higher production, while EBITDA rose to US$63 million (19% margin), compared with US$50 million (16% margin) in 2Q25. …

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