PT Bumi Resources (BUMI) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached USD 417.7 million, up 19.8% year-over-year, driven by higher coal and gold sales.

• Net income attributable to owners was USD 24.1 million, a 35% increase from Q1 2025.

• Total assets grew to USD 4.46 billion as of March 31, 2026, from USD 4.22 billion at year-end 2025.

• Major acquisitions included full consolidation of Jubilee Metals Limited and Wolfram Limited, expanding gold and copper mining operations.

Financial highlights

• Gross profit for Q1 2026 was USD 82.8 million, up from USD 51.2 million in Q1 2025.

• Operating profit rose to USD 49.1 million, a 76% increase year-over-year.

• EBITDA margin improved, supported by higher commodity prices and increased production.

• Cash and cash equivalents increased to USD 164.4 million from USD 118.6 million at year-end 2025.

• Total equity attributable to owners rose to USD 1.63 billion.

Outlook and guidance

• Management expects continued growth in coal and mineral segments, supported by recent acquisitions and ongoing expansion projects.

• Ongoing investments in gold and copper processing plants are expected to boost future revenues.

• The company is focused on operational efficiency and cost control amid volatile commodity markets.