Earnings Alerts

Adaro Energy (ADRO) Reports Strong 1H Earnings with 7.1% Increase in Coal Sales Volume

  • Adaro Energy‘s coal sales volume reached 34.94 million tons in the first half of 2024.
  • This represents a 7.1% increase compared to the same period last year (32.62 million tons).
  • Coal output for the first half of the year was 35.74 million tons.
  • Coal output also saw a 7% year-over-year increase.
  • Analyst ratings include 15 buys, 12 holds, and 1 sell.
  • All comparisons are based on the company’s original figures.

A look at Adaro Energy Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE4.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using Smartkarma Smart Scores have painted a promising long-term outlook for Adaro Energy based on their scoring system. Adaro Energy has received strong scores across the board, indicating a positive outlook for the company. With high scores in Dividend, Growth, Resilience, and Momentum, the company is positioned well for the future.

PT Adaro Energy Tbk, primarily a coal mining company, has diversified its activities to include coal infrastructure and logistics, as well as mining contractor services. The exceptional scores in Value, Dividend, Growth, Resilience, and Momentum for Adaro Energy showcase the company’s potential for robust performance in the long run, despite the challenges faced in the energy sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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