PT Darma Henwa Tbk
IIDX:DEWA258.00
IDR
0.00
(0.00%)
ISIN
ID1000107303
Return %
Stock
S&P 500
1Y
-19.37
14.20
3Y
230.77
81.12
5Y
416.00
68.34
Capital Structure
IDR
•
in mil. unless spec.Working Capital
IDR
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in mil. unless spec.Growth Rates
IDR
•
in mil. unless spec.Quarterly Revenue
IDR
•
in mil. unless spec.Quarterly Earnings Per Share
IDR
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in mil. unless spec.Quarterly Dividends Per Share
IDR
•
in mil. unless spec.Company Description
- CEO
- Teguh Boentoro
- Full Time Employees
- 4,094
- Sector
- Energy minerals
- Industry
- Coal
- Address
- Prosperity Tower Jakarta JK Indonesia 12190
- IPO Date
- Aug 28, 2007
- Website
- ptdh.co.id
- Similar Companies
- Business
- PT Darma Henwa Tbk (DEWA.JK) is an Indonesia-based integrated mining services provider specializing in coal and mineral mining contractor services, mining infrastructure development, port management, equipment rental and maintenance, and civil engineering works. The company offers comprehensive mining support activities including land clearing, topsoil management, drilling and blasting, overburden removal and dumping, coal getting, run-of-mine coal handling, coal hauling and barging, vegetation management, site rehabilitation, road and bridge construction for mining areas, mineral dressing plant installation, earthworks, drilling exploration, and civil consulting; it also provides port services such as coal crushing and blending, stockpile management, power plant maintenance, and port equipment upkeep, alongside heavy equipment rental, repair of metal fabrication products, machinery and equipment, building construction, demolition, land preparation, and head office activities. PT Darma Henwa Tbk primarily serves coal mining clients including PT Bumi Resources Tbk subsidiaries such as Kaltim Prima Coal and Arutmin Indonesia, with operations concentrated across key mining regions in Indonesia including South Kalimantan, East Kalimantan, and North Kalimantan. Founded on October 8, 1991, and headquartered at Bakrie Tower, 8th Floor, Rasuna Epicentrum, Jakarta Selatan, Indonesia, the company transitioned from a domestic investment entity to foreign investment status in 1996 following acquisition by Henry Walker Group Limited, changed its name from PT HWE Indonesia in September 2005, and listed on the Indonesia Stock Exchange in 2007. It operates through two main segments: Mining Services, which generates the majority of revenue from coal production and related activities, and Other Services encompassing equipment rental, employment services, and management. In recent developments, PT Darma Henwa Tbk has undergone significant strategic transformations, including securing a IDR2.6 trillion syndicated loan facility led by Bank Central Asia in July 2024 to fund heavy equipment purchases, loan refinancing, leasing extensions, and working capital, enabling a doubling of in-house mining capacity from approximately 57 million bank cubic meters (mbcm) to 122 mbcm through new excavators, trucks, dozers, and graders delivered from late 2024 into early 2025. The company complemented this with an IDR942 billion (approximately USD83 million) vendor-financing agreement with Xuzhou Construction Machinery Group (XCMG) for additional fleet adding 30 mbcm capacity operational from October 2025, alongside a February 2025 debt-to-equity swap reducing its debt-to-equity ratio from 1.32x to 0.62x and improving liquidity. These initiatives support a shift to greater insourcing from subcontractors, boosting own-fleet contribution to 60% in 2025 from 46% in 2024, driving robust earnings growth with net profit surging to Rp167.99 billion in the first half of 2025 from Rp14.23 billion year-over-year, and plans for share buyback announced in November 2025 amid market volatility.