CNKO Shares Update 2026: Net profit jumps 166%, share price climbs to Rp67

PT Exploitasi Energi Indonesia Tbk (CNKO) recorded a stellar performance in early March 2026, with the coal miner posting a significant rise in net profit, triggering investor enthusiasm in the capital market. Based on the 2025 financial year report released on 6 March 2026, CNKO booked a net profit of Rp194.59 billion, up 166.45% from Rp73.03 billion in the same period last year. The improvement was driven by operating revenue of Rp1.86 trillion and the management’s success in cutting the cost of revenue. In response to the positive performance, CNKO’s stock price on 6 March 2026 closed up 9.84% at Rp67 per share. Basic earnings per share (EPS) rose to Rp21.73 from Rp8.15. In addition to its operational focus, CNKO also undertook a corporate action via a capital increase for its subsidiary, PT Sekti Rahayu Indah, through PT Energi Batubara Indonesia amounting to Rp212.52 billion in February 2026. This step was taken to strengthen the capital structure and support long-term business continuity.