Financial Statements

Financial Statements

The Company coal production growth in the past 10 years has experienced some ups and downs following the coal market development and the lead time to build the required infrastructure at Tabang. Since 2015 the Company has focused on expanding Tabang and in 2017 the Company managed to significantly romp production to 20.9 MT, a 115% increase from the previous year. This increase is in line with our strategy of expanding Tabang into one of the largest Indonesian coal mines. The Company also anticipates that the romp up in production will continue into 2018 with production targeted to be between 24 to 28 million MT of coal.