Balikpapan, 6 September 2023 – PT BISA Ruang Nuswantara (BIRU), a subsidiary of PT Delta Dunia Makmur Tbk. (Delta Dunia Group), today held an Education Seminar themed “Learning for a Sustainable Future” and “BISA Ruang Vokasi (BRV) Learning Experience” exhibition at the Novotel Hotel, Balikpapan. This activity is held in hybrid and attended by representatives of the regional government, mining and non-mining industry players, as well as educational institutions and students. This activity aims to encourage multisectoral collaboration in improving the human resources’ (HR)  skills and character development to be globally competitive and ready to enter the industrial world, especially the mining industry.

Dian Andyasuri, Commissioner of BIRU said, “BIRU is a subsidiary of Delta Dunia Group, which focuses on vocational education and waste recycling management. BIRU’s presence as an innovative social enterprise is a tangible manifestation of the Company’s long-term environmental, social, and governance (ESG) commitment. Understanding the importance of a skilled and ready-to-work workforce in the industry, we strive to continuously encourage multisectoral collaboration in improving aspects of the character, knowledge, and skills of vocational students to meet industry needs. Through today’s activity, we hope to encourage multisectoral synergy, especially in the education and industrial sectors, in providing a positive impact on society and increasing the skilled and qualified workforce in the country.”

The economic growth of East Kalimantan Province in the second quarter of 2023 reached 6.84%, or increased significantly from the same period in the previous year of 3.62%.^[1] The extractive sector, which becomes an important pillar of the East Kalimantan economy, contributes up to around 40,69% to the overall Gross Regional Domestic Product (GRDP). As one of the cities in East Kalimantan, Balikpapan is also one of the cities that relies on mining and industry. This significant economic increase drives a higher need for a skilled workforce in the mining and energy sectors.

Atok Aryanto, Educational Practitioner and Director of Kubik Leadership, as one of the spokespersons in the Educational Seminar, said, “One of the keys to increasing workforce absorption in the industry is multisectoral collaboration starting from the education ecosystem players, industry players, and students. Good collaboration between stakeholders is expected to create an effective skills-based learning process, in accordance with the industry needs, and able to provide broad benefits to society and national economic growth.”

The other spokesperson, Indah Shafira Zata Dini, Education Consultant, said, “Training and learning through workplace duplication plays an important role in preparing skilled and competitive workforce. Duplication of the workplace environment is not only able to create adaptive human resources but also able to meet the industry qualifications and even contribute in creating solutions for related industries.”

Meanwhile, Nanang Rizal Achyar, Deputy President Director of PT Bukit Makmur Mandiri Utama (BUMA), which is also a subsidiary of the Delta Dunia Group, said, “BIRU, through BISA Ruang Vokasi (BRV), collaborates with BUMA and a number of vocational schools and industrial players to overcome the gap between industrial needs of workforce and the workforce competency, as well as open up access to inclusive training through the link and match concept between business and industry and the world of education. We believe that this collaboration will provide broad and long-term benefits for society, as well as encourage economic growth.”

BRV is an industrial competency-based training product that aims at increasing the capacity and skills of vocational school graduates, which is in line with the industry’s needs. In the future, BIRU will present the BRV platform, an industrial competency-based e-learning program that is supported by a virtual reality approach in its learning practices. The platform, which can be accessed online, will provide a more in-depth learning experience while improving digital literacy through various modules and the use of interactive multimedia equipment, such as videos and virtual simulations. BRV graduates will get a national standard certificate (BNSP) that supports them to meet the increasing needs of the industry.

BIRU will continue to promote HR competency improvement programs and expand its reach to other sectors that require a ready-to-work vocational workforce, such as the pilot program that is currently being developed for the tourism and hospitality sectors. In addition, BIRU will also strengthen its learning competencies with English language programs, apprenticeships or practical training, both of which are internationally certified.

“With the roadmap, we are confident that BIRU will be the initiator in the development of Indonesian human resources that are innovative, comprehensive, and excel, as well as globally competitive. Delta Dunia Group’s business expansion steps also increase the opportunities for skilled labor needs in the future, where BIRU helps encourage sustainability practices and complements the Company’s ecosystem in terms of fulfilling quality human resources in the midst of dynamic industrial development. By helping to prepare skilled prospective workers that meet industry needs, we hope to make a positive contribution to the industry and national economic growth,” Dian concluded.

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About PT Delta Dunia Makmur Tbk.
PT Delta Dunia Makmur Tbk. was founded in 1990, and through its principal subsidiary, PT Bukit Makmur Utama (BUMA), is a leading coal mining services contractor in Indonesia and Australia, providing mining services to some of the largest coal producers in both countries. PT Delta Dunia Makmur Tbk. is listed on the board of the Indonesia Stock Exchange (IDX Code: DOID). DOID is headquartered in Jakarta, Indonesia.

For further information, please contact:
Kamelia Mohamad
GM Corporate Communications
PT Delta Dunia Makmur Tbk.
South Quarter Tower A, Penthouse Floor Unit A-I
Jl R.A. Kartini Kav. 8, West Cilandak Jakarta 12430
Phone: +6221 3043 2080
Email: communications@deltadunia.com
Website: www.deltadunia.com

Jakarta, June 9, 2023 – PT Delta Dunia Makmur, Tbk (Delta Dunia Group) (IDX: DOID) held its Annual General Meeting of Shareholders (AGMS) for Financial Year 2022 and Extraordinary General Meeting of Shareholders (EGMS) yesterday at Pacific Century Place, Jakarta. The event was attended by members of the Company’s Board of Commissioners and Directors, both in person and online.

There are four main agendas in the AGMS and EGMS, including the presentation of the Financial Report for Fiscal Year 2022, approval of the dividend distribution, changes in the composition of the Company’s Board of Directors and Commissioners, and approval by the Company and PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of Delta Dunia Group, to issue US dollar-denominated Notes as an alternative form of financing.

Ronald Sutardja, President Director of Delta Dunia Group, said, “We would like to express our gratitude to all shareholders for their participation and continuous support, which has provided us with a strong foundation for the positive business performance throughout 2022, recording a significant revenue of USD1.554 billion or approximately IDR23.115 trillion, which is an increase of 71% compared to 2021. The Company also recorded a net profit of USD29 million or approximately IDR431.3 billion.”

Ronald added that during this meeting, the Company is committed to approving the use of a portion of the Company’s 2022 net profit for distributing dividends to shareholders totalling USD7.15 million or approximately IDR106.3 billion. Delta Dunia Group paid an interim dividend of USD5.15 million or approximately IDR76.6 billion to shareholders on December 30, 2022. The remaining USD2 million, or approximately IDR29.7 billion, will be paid as final cash dividends, scheduled to be announced on the Indonesia Stock Exchange and Delta Dunia Group’s websites. Meanwhile, the remaining profit for the year attributable to the parent Company, amounting to USD21.5 million or approximately IDR319 billion, will be used to strengthen the company’s capital.

The meeting also approved changes in the composition of the Company’s management by appointing Dian Sofia Andyasuri and Sorimuda Pulungan as Directors of the Company. The General Meeting also approved the reappointment of several members of the Company’s Board of Commissioners and Board of Directors whose terms of office had expired, resulting in the composition of the Board of Commissioners and the Board of Directors of the Company as follows:

• Hamid Awaludin as President Commissioner and Independent Commissioner at the same time
• Nurdin Zainal as Independent Commissioner
• Peter John Chambers as Independent Commissioner
• Ashish Gupta as Commissioner
• Ronald Sutardja as President Director
• Dian Sofia Andyasuri as Director
• Sorimuda Pulungan as Director

The AGMS also approved the plan of the Company and/or PT Bukit Makmur Mandiri Utama (BUMA), a subsidiary of the Delta Dunia Group, to issue US dollar denominated bonds to obtain alternative financing. These Notes will be offered to overseas investors, with a maximum amount of USD500 million or approximately IDR7.43 trillion. The maximum interest rate of the Notes is 12% per annum. The maturity date of the Notes maximum in 2029.

“Our plan to issue Notes aims to continue strengthening BUMA’s financial position and operations. Such a new financing structure, with more favorable terms and conditions, will provide more flexibility to manage the Company’s liquidity and cash flow, for the development of its business activities,” concluded Ronald.

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About PT Delta Dunia Makmur Tbk.
Founded in 1990, PT Delta Dunia Makmur Tbk., through its main subsidiary, PT Bukit Makmur Utama (BUMA), is Indonesia’s second-largest coal mining services contractor by production volume, which provides mining services to some of Indonesia’s largest coal producers. PT Delta Dunia Makmur Tbk. is listed on the board of the Indonesia Stock Exchange (IDX Code: DOID). DOID is headquartered in Jakarta, Indonesia.

For more information, please contact:
Kamelia Mohamad
GM Corporate Communications
PT Delta Dunia Makmur Tbk.
South Quarter Tower A, Penthouse Floor Unit
Jl R.A. Kartini Kav. 8, West Cilandak Jakarta 12430
Phone: +6221 3043 2080
Email: communications@deltadunia.com
Website: www.deltadunia.com

• Delta Dunia Group’s revenue in Q1 2023 was recorded at USD409 million or the equivalent of IDR6.13 trillion, which rose 23% from the last year period.
• Both EBITDA and Operating Profit increased, and Capex is lower Year-on-Year (YoY).
• Net Debt to EBITDA remains healthy at 2.15x.
• In the first quarter of 2023, Delta Dunia Group’s Metallurgical coal and Infrastructure business contributed 15% of the group’s revenues.
• Delta Dunia Group continued its share buyback program by purchasing 1.065 billion shares, or approximately 12.4% of DOID’s total shares (as of May 31).

 

Jakarta, June 2, 2023 – PT. Delta Dunia Makmur Tbk (Delta Dunia Group) today announced strong results for the first quarter (Q1) 2023. Delta Dunia Group’s diversification strategy and excellent operational performance resulted in a 23% Year-on-Year (YoY) increase in revenue to USD409 million, or equivalent to IDR6.13 trillion, driven by successful operations in Indonesia and Australia.

Delta Dunia Group’s performance was driven by a 9% increase in overburden volume, from 123.5 million bank cubic meters (bcm) in Q1 2022 to 134.4 million bcm in Q1 2023. Coal production also increased to 21.5 million metric tons, up 18% from 18.3 million metric tons in the first quarter of last year.

The group’s EBITDA increased by 6% YoY. Overall EBITDA margin declined by 3% YoY, mainly due to the 2% margin decrease in Indonesia, primarily due to cost inflation. The group’s cost efficiencies program has successfully offset most of the price inflation, which was significantly higher. The group’s Q1 operating profit was up despite higher depreciation and an increasing LIBOR. Due to large collections during April and May 2023, the group’s receivables levels are back to normal. A significant tax refund was also received, boosting the group’s cash in May 2023. Capex for Q1 2023 was 57% lower YoY at USD22 million due to the completion of project ramp-ups in Indonesia. The increased EBITDA and the decrease in Capex, accompanied by prudent financial management and the implementation of technology in the group’s operations during the Q1 2023 period, strengthened the group’s cash flow to USD14 million in Q1 2023.

Ronald Sutardja, President Director of Delta Dunia Group, said, “We are proud of the strong results of the first quarter of 2023. Our Indonesian and Australian operations continue to perform well. The diversification strategy continues to generate success, as demonstrated by further progress in increasing the share of the Metallurgical coal business and reducing the revenue share from the Thermal coal business. As much as 15% of the revenue booked in Q1 2023 came from Metallurgical coal operations in Australia. We are optimistic that the 25% revenue target from commodity diversification will be achieved by the end of 2023 while supporting consistent positive results throughout 2023.”

Delta Dunia Group continued the track record of winning and extending new contracts, a testament to the trust placed by the group’s world-class customers. In April 2023, BUMA Australia was awarded a new contract by BHP and Mitsubishi Alliance (BMA) for A$ 60 million or Rp 598.7 billion to provide coal mining and waste treatment services at the Saraji mine in central Queensland, Australia. This is the company’s third contract with BHP-Mitsubishi Alliance, one of the world’s largest metallurgical coal producers. The Saraji mine is one of Australia’s largest coal mines in terms of recoverable coal reserves. The contract has a term of 18 months and an option to extend for a further 18 months.

The group’s commitment to continue implementing sustainable operations in all mining activities demonstrates Partners’ trust in Delta Dunia Group. By Q1 2023, Delta Dunia Group has made significant progress in the group’s ESG initiatives, covering a wide area, particularly in managing carbon footprint and societal impact. Delta Dunia Group’s commitment to reducing its carbon footprint and contributing to Net Zero 2050 is demonstrated by replacing fuel with a higher biodiesel content and successfully maintaining a carbon intensity of 0.0016 tCO2e/ton in 2021 and 2022 through its Indonesian operations. BUMA also managed to maintain an energy intensity of 0.036 GJ/ton in 2021 and 2022. Starting this year, BUMA has also started a carbon footprint assessment at all sites in Indonesia. The data collected and assessed in detail will form the baseline of the company’s carbon footprint and will be used to determine the company’s carbon reduction targets. In 2022, around 12% of total waste in BUMA and BUMA Australia were recycled, and BUMA Australia has conducted progressive rehabilitation in an area of 48.6 hectares.

Another subsidiary of Delta Dunia Group, namely BISA Ruang Nuswantara (BIRU), which was established to promote positive changes on an immersive scale, including through education BISA Ruang Vokasi, has also made a positive contribution to the group’s ESG initiatives. As of Q1 2023, more than 2,100 students have participated in the BISA Ruang Vokasi program, which aimed to improve the students’ capacity to meet industry requirements. BIRU has also empowered 154 women to become entrepreneurs in their respective regions. In terms of the workforce, the group also recorded 18% of the management position throughout its subsidiaries is held by women, whereas 9% of the total workforce in BUMA Australia’s sites is First Nation members.

“All our efforts are a concrete manifestation of the group’s commitment to sustainability. By the end of 2023, we are confident we can reduce the contribution of our Thermal coal business to 75% and to further meet the lower-than-50 % target by 2028. To realize this commitment, we continue seeking opportunities in future-facing commodities (FFCs), such as metallurgical coal, copper, nickel, and lithium. These efforts align with our commitment to Environmental, Social, and Governance (ESG) responsibility. ESG has been an integral part of our business since the beginning,” Ronald concluded.

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About PT Delta Dunia Makmur Tbk.
PT Delta Dunia Makmur Tbk. was established in 1990 and, through its main subsidiary, PT Bukit Makmur Utama (BUMA), is a leading coal mining services contractor in Indonesia and Australia, providing mining services for some of the largest coal producers in both countries. PT Delta Dunia Makmur Tbk. is listed on the Indonesia Stock Exchange (IDX Code: DOID). DOID is headquartered in Jakarta, Indonesia.

For further information, please contact
Kamelia Mohamad
GM Corporate Communications
PT Delta Dunia Makmur Tbk.
South Quarter Tower A, Penthouse Floor Unit A-I
Jl R.A. Kartini Kav. 8, Cilandak Barat Jakarta 12430 Phone: +6221 3043 2080
Email: communications@deltadunia.com
Website: www.deltadunia.com