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Trades about 97% below its sector, cheaper than its peers on earnings.
Operating within Indonesia, PT Harum Energy Tbk, along with its associated companies, specializes in coal extraction and associated logistics services. The firm's operations are divided into three primary divisions: Coal Mining, Rental and Services, and Other. Its Coal Mining division encompasses the entire process from geological assessment and prospecting to extraction, transportation, refinement, and distribution of coal. The Rental and Services segment provides maritime transport for coal, including the charter of tugboats and barges, in addition to managing coal handling and road haulage. Meanwhile, the Other division strategically invests in various enterprises related to coal mining, trading, and auxiliary services. Furthermore, the company extends its market reach internationally, exporting its coal products to numerous Asian nations, such as China, South Korea, Japan, Taiwan, Hong Kong, India, Bangladesh, Thailand, the Philippines, Singapore, and Vietnam. Originally incorporated in 1995 as PT Asia Antrasit, the entity adopted its current name, PT Harum Energy Tbk, in November 2007. Its corporate headquarters are situated in Jakarta Pusat, Indonesia. PT Harum Energy Tbk functions as a controlled entity under its parent company, PT Karunia Bara Perkasa.
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