PT Buma Internasional Grup (DOID) Q1 2026 earnings summary

Executive summary

• Interim consolidated financial statements for the three months ended March 31, 2026, were prepared in accordance with Indonesian Financial Accounting Standards and reviewed by independent auditors, who found no material misstatements.

• The Group operates primarily in mining services and coal mining, with significant operations in Indonesia and Australia.

• The Group reported a net comprehensive loss for the period, with continued focus on operational efficiency and capital management.

Financial highlights

• Net revenues for Q1 2026 were USD 318.2 million, down from USD 351.9 million in Q1 2025.

• Net loss for the period was USD 24.3 million, compared to a net loss of USD 70.4 million in Q1 2025.

• Comprehensive loss attributable to owners was USD 25.5 million, with basic and diluted loss per share of USD 0.00347.

• Total assets as of March 31, 2026, were USD 1.47 billion, with total liabilities of USD 1.45 billion and equity of USD 25.1 million.

Outlook and guidance

• Management plans to enhance productivity, implement operational cost efficiency, and reduce non-operational overheads to address accumulated losses and support future profitability.