Coal Sector Performance Under Pressure, Check Recommendations for PTBA, INDY, and ITMG Stocks
Executive Summary
Key insights and market outlook
The coal sector has experienced a decline in performance throughout January-September 2025, with China's demand and commodity prices being key factors that can improve the sector's performance going forward. Analysts have provided recommendations for coal sector stocks, including PTBA, INDY, and ITMG. 1
Deep Dive Analysis
Coal Sector Performance Under Pressure
Decline in Performance and Future Prospects
The coal sector has experienced a decline in performance throughout January-September 2025, with China's demand and commodity prices being key factors that can improve the sector's performance going forward. 1
PTBA's Performance and Prospects
PTBA reported a revenue of Rp 31.33 trillion in Q3 2025, a 2% year-on-year (yoy) growth. However, the company's net profit declined by 56.25% to Rp 1.4 trillion due to an increase in cost of goods sold. 1
Analysts' Recommendations
Inav Haria Chandra, an analyst at Sinarmas Sekuritas, believes that China's thermal coal demand is approaching its structural peak, with a possible peak before 2030. 2
Source References
Story Info
Topics Covered
Key Events
Coal Sector Performance Decline
PTBA's Revenue Growth
China's Thermal Coal Demand Peak