PTBA: Tambang Batubara Bukit Asam (PTBA) [11,600 100 (+0,9%)] recorded the sales volume of 8.8 million tons in 1H2013, improved by 20% yoy. The company targets to have sales volume of 22.68 million tons in FY2013F, or the increase of 35% yoy. PTBA's performance will be supported by the operation of new railway carriage. In 2013, PTBA [11,600 100 (+0,9%)] allocates capital expenditure of around Rp2.2tn to Rp2.4tn for development of coal mining facilities in Tanjung Enim, Tarahan port expansion, jetty construction, and installation of new ship loader. (Investor Daily)
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PTBA recorded the sales volume of 8.8 million tons in 1H2013
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