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PT Adaro Energy Indonesia Tbk (PT Adaro Energy Indonesia Tbk) Accounts Payable & Accrued Expense for Financial Companies


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What is PT Adaro Energy Indonesia Tbk Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


PT Adaro Energy Indonesia Tbk (PT Adaro Energy Indonesia Tbk) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Adaro Energy Indonesia Tbk (OTCPK:ADOOY) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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Jalan H.R. Rasuna Said, Block X-5, Menara Karya Lantai, 23rd Floor, Kav. 1-2, Jakarta, IDN, 12950
PT Adaro Energy Indonesia Tbk is an Indonesia-based energy group that focuses on integrated coal mining. The company's primary location is in the Tabalong district in South Kalimantan, where its subsidiary PT Adaro Indonesia operates the single-site coal mine in the southern hemisphere. The company produces thermal coal, which is marketed under the brand name Envirocoal. The company's main customers are blue-chip power utilities, and roughly three-quarters of its coal is produced for foreign customers, with the remainder in Indonesia. In addition to the core mining business, the company also engages in barging, ship-loading, dredging, port services, marketing, and power generation. Its segment comprises coal mining and trading, mining services, logistics, and others.