PT Bumi Resources (BUMI) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2026, reached USD 866.8 million, up from USD 677.9 million year-over-year, driven by higher coal, gold, and silver sales.

• Net income attributable to owners was USD 58.9 million, a significant increase from USD 20.4 million in the prior year period.

• Comprehensive income for the period was USD 62.9 million, compared to USD 34.3 million year-over-year.

• The group completed strategic acquisitions in the gold and copper mining sector, including Jubilee Metals Limited and Wolfram Limited.

Financial highlights

• Gross profit rose to USD 145.9 million from USD 107.0 million year-over-year.

• Operating profit increased to USD 83.1 million from USD 55.3 million year-over-year.

• EBITDA attributable to owners for the period was USD 206.8 million.

• Total assets as of June 30, 2026, were USD 4.59 billion, up from USD 4.22 billion at December 31, 2025.

• Total liabilities increased to USD 1.64 billion from USD 1.33 billion at year-end 2025.

Outlook and guidance

• Management expects continued growth from diversification into gold and copper mining, with new production capacity and infrastructure projects underway.

• The quasi-reorganization completed in 2025 is expected to enhance capital structure and support future expansion and funding.