Resources Global Development’s subsidiary gains 3.0 million-tonne coal quota for 2026

SGX Filings

05/26

Resources Global Development Limited announced on May, 26 2026 that its Indonesian subsidiary PT Paragon Karya Perkasa Tbk’s unit, PT Tri Oetama Persada, has received approval from Indonesia’s Ministry of Energy and Mineral Resources for its 2026 Work Plan and Budget, allowing coal production of up to 3.0 million metric tons next year.

According to the disclosure filed on the Indonesia Stock Exchange, PT Tri Oetama Persada sold 264,516 metric tons of coal in the quarter ended Mar, 31 2026, generating revenue of about IDR196.5 billion (approximately 14.9 million Singapore dollars).

PT Paragon Karya Perkasa Tbk posted a consolidated net profit of IDR26.1 billion (about 2.0 million Singapore dollars) for the same period.

The company said the newly approved quota is expected to support the subsidiary’s operational and production plans for 2026 and advised investors to exercise caution when dealing in its securities.

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