Indonesian thermal coal miner BUMI logs 188% surge in H1 net profit

PT Bumi Resources Tbk (BUMI), Indonesia's largest thermal coal producer, posted robust financial results for the first half of 2026, buoyed by higher sales volumes, improved operational efficiency, and contributions from its Australian assets.

BUMI's attributable net profit surged 188.4% on year to $58.9 million in the first half of 2026, according to the company's half-year report released on July 31. The robust performance was underpinned by higher production and sales volumes, along with contributions from its Australian assets – a factor absent from the year-earlier