Bukit Asam cautious on 2025 Dividends Amid Coal Price Dip

Jakarta, CNBC indonesia – PT Bukit Asam Tbk (PTBA) is being upfront about the potential for dividend distribution in the 2025 fiscal year. This caution stems from recent declines in coal prices.

Bukit Asam’s Director of Finance & Risk Management, Una Lindasari, expressed hope for coal price stabilization. She stated the company aims to maintain profitability and resume regular dividend payouts if prices recover. Currently, the company is carefully assessing it’s financial performance and future projections.

“We are still waiting for the coal price to stabilize. If it stabilizes, we can still generate net profit and distribute dividends,” Lindasari explained, as reported by CNBC Indonesia.

The company’s dividend policy is directly tied to its financial results. Lower coal prices translate to reduced revenue and potentially lower profits, impacting the company’s ability to reward shareholders.PTBA is actively monitoring market conditions and adjusting its strategies to mitigate the impact of fluctuating coal prices.

Investors are closely watching PTBA’s performance and any further announcements regarding dividend plans. The coal industry remains volatile, and Bukit Asam’s ability to navigate these challenges will be crucial for maintaining shareholder value.