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ADRO - Adaro Energy

ADRO – Stable performance projection amid global challenges

11 September 2024

ADRO – Stable performance projection amid global challenges Adaro Energy (ADRO) is predicted to be able to maintain performance amid global challenges due to weakening coal demand and price fluctuations. The stable performance will supported by operational efficiency and volume growth strategy. This is due to expectations of the Fed's interest rate cut, which will have a positive impact on the DXY index and inversely correlated with oil prices. The weakening of the dollar in 2025 is also predicted to continue to increase coal demand in China and India, supported by the use of steam power plants in Southeast Asia. ADRO's business resilience also will be impacted by the IUPK transition, which reduces royalty and tax costs. (Source: Investor Daily)

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