[SMM Coal Flash] Black Diamond Resources Records Zero Revenue, Rp8.23 Billion Loss in Q1 2026
Indonesian coal miner PT Black Diamond Resources Tbk (IDX: COAL) swung to a net loss attributable to owners of Rp8.23 billion in Q1 2026, as the company recorded zero operating revenue, compared with revenue of Rp126.52 billion and net profit of Rp5.35 billion in the same period of 2025. The company also reported negative operating cash flow of Rp13.79 billion, while cash and cash equivalents fell to just Rp233 million as of end-March from Rp14.29 billion at end-2025. Total assets stood at Rp824.79 billion, while short-term bank debt reached Rp195 billion. COAL shares were also under suspension by the Indonesia Stock Exchange (IDX) at the time of the report.