Reuters reported that Bumi Resources (JAK:BUMI) posted better profit than expected for 2010.
Reuters reported that Bumi Resources (JAK:BUMI) posted better profit than expected for 2010.
The market news is quoted as saying:
Bumi, which sees coal prices and demand going up in the medium term after Japan’s recent earthquake and tsunami, posted fourth quarter net profit of $115.58 million, compared with a loss of $169.77 million in the same period a year earlier.