Adaro’s Improvement Coal Production in 2Q18

Adaro Energy, Tbk (ADRO:IJ) recorded improvement in coal production in 2Q18 than in 1Q18, due to supporting weather in 2Q18. Company confident to meet its production target of 52-54m tonne by the end of the year. In 1Q18, the company booked 10.95m tonnes of coal production, down 11.9% QoQ compared to 12.43m tonnes in 4Q17, due to bad weather.

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