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Saturday, January 22, 2011

Borneo Lumbung Energi net profit last year at $177 mln

PT Borneo Lumbung Energi and Metal , Indonesia's only listed coking coal miner, reported 2010 full year net profit at $177 million with coal sales volume of 1.65 million tonnes, said Geroad Jusuf, the firm's corporate secretary, on Friday.

This was a turnaround from a 99.8 billion rupiah ($11 million) loss in 2009. ($1 = 9060.000 Rupiah). Source: Reuters

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