Paragon Karya (PKPK) Receives Approval for a Coal Production Budget of 3 Million Metric Tons for 2026
Business Update
May 27, 2026

Paragon Karya (PKPK) Receives Approval for a Coal Production Budget of 3 Million Metric Tons for 2026

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PT Paragon Karya Perkasa Tbk (PKPK), through its subsidiary PT Tri Oetama Persada (TRIOP), has received approval for its 2026 Work Plan and Budget (RKAB) from Indonesia's Ministry of Energy and Mineral Resources (ESDM), allowing an annual coal production quota of 3 million tonnes. The approval provides greater operational certainty and supports the company's production targets for 2026.

In the first quarter of 2026, PKPK recorded coal sales of 264,516 tonnes, generating IDR 196.53 billion in revenue and IDR 26.06 billion in net profit. With the approved RKAB, the company expects to increase production, strengthen revenue contribution, and improve profitability throughout the year.

PKPK also reaffirmed its commitment to implementing Good Mining Practice, complying with applicable regulations, and maintaining strong corporate governance to create sustainable value for shareholders and stakeholders.

Cited from www.industri.kontan.co.id

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