Diversification into Renewable Energy to Support MBAP's Performance
MBAP posted positive results for 2025 amid pressures on the global coal industry, softening commodity prices and operational challenges in the mining sector. The company has begun relying on business diversification as a strategy to sustain long-term growth amid uncertainties in the coal industry.
During the 2025 financial year, MBAP recorded revenue of USD 164.87 million with net profit of USD 1.37 million. President Director Khoirudin of Mitrabara Adiperdana said the group maintained healthy financial fundamentals through strengthening cash position, controlling leverage, and improving operational efficiency in a challenging market environment.
“The company also continues to strengthen corporate governance, regulatory compliance, and the implementation of sustainability principles in its operations and business,” Khoirudin said on Wednesday, 20 May 2026.
Against the backdrop of a slowdown in the coal industry, MBAP continued its business transformation by developing a portfolio of ventures in renewable energy, infrastructure, and agro-industry. The strategy is aimed at reinforcing business resilience while opening new sources of growth beyond thermal coal.
Khoirudin noted that rising attention to the energy transition also opens up opportunities for developing non-coal businesses, including solar energy and sustainability-based sectors. Therefore, the company will continue to strengthen synergies across its business lines and optimise the performance of its subsidiaries through 2026.
“Strategic focus will be directed at improving operational efficiency, optimising subsidiary performance, developing non-coal businesses, and strengthening cross-line synergies,” Khoirudin said.
MBAP views its business prospects for 2026 as still positive, though tempered by volatility in the global commodities market. The company believes diversification is an important step to maintaining business continuity amid shifts in the global energy industry.
PT Mitrabara Adiperdana Tbk is a publicly listed company in the energy and resources sector with a portfolio spanning mining, infrastructure and services, renewable energy, and agro-industry.