Adaro Energy PT/ADR/ Overview
Industry: Thermal Coal
Sector: Energy
PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. The company operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. It provides trading, transportation, warehousing, quarrying, cargo handling, mining, and transportation support services. In addition, the company offers agriculture, construction, seaport service activities, as well as repair and installation of machines, power supply, and water treatment services. Further, it provides coal handling and barging, terminal handling, power plant, water, and mud treatment services. The company exports its products to Malaysia, India, Japan, China, Taiwan, Korea, Philippines, Hong Kong, and internationally. The company was formerly known as PT Adaro Energy and changed its name to PT Adaro Energy Indonesia Tbk in February 2022. PT Adaro Energy Indonesia Tbk was founded in 2004 and is headquartered in Jakarta, Indonesia.
Adaro Energy PT/ADR/ is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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