Pt Atlas Resources Tbk Reports Earnings Results for the First Quarter Ended March 31, 2021

PT Atlas Resources Tbk is engaged in coal trading, coal mining and transportation, and other activities related to the coal mining operations, such as rental of equipment and vehicles. It operates through sales of coal segment. It is also involved in the trading, services, investment, logistics, industry, agricultural activities, and others. Its coal exploration and production activities are coordinated through six hubs, such as Hub Mutara, Kukar Hub, Hub Berau, Kubar Hub, Hub Oku and Hub Papua. Hub Mutara produces a type of thermal coal to meet the needs of a new generation of power plants. Kukar Hub produces high-calorie thermal coal, metallurgical coal, and thermal coal. Hub Berau produces thermal coal for export to the North Asian market. Kubar Hub produces high-calorie types of metallurgical coal and thermal coal. Hub Oku produces low-calorie steam coal to meet the needs of the domestic market as well as power plants and facilities in India, Korea, China, and other regions.