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Trades about 120% below its sector, cheaper than its peers on earnings.
PT Resource Alam Indonesia Tbk, operating alongside its subsidiaries, primarily focuses on coal and methane extraction activities across Indonesia. Beyond these core extractive operations, the company diversifies its business by marketing high-pressure laminate and melamine-laminated particle boards. It also delivers crucial services, including harbor management, electricity provision, and extensive support for mining and excavation projects. Furthermore, its broad portfolio encompasses the wholesale trade of metals and metal ores, engagement in the hydropower plant industry, real estate development, and various trading endeavors. Established in 1981 and headquartered in Jakarta Pusat, Indonesia, the company was formerly known as PT Kurnia Kapuas Utama Tbk before adopting its current name in November 2003.
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