Brief: Resources Global Development Says Unit To Reduce Sale Of Coal To Some Customers In Indonesia

Resources Global Development

24/05/2022 13:28

May 24 (Reuters) - Resources Global Development Ltd
 RESU.SI :
    * PT DELI NIAGA SEJAHTERA WILL REDUCE ITS SALE OF COAL TO
SOME OF
ITS MAJOR CUSTOMERS IN INDONESIA
    * SEES DECLINE IN REVENUE FROM COAL TRADING BUSINESS FOR
FY22
    * REDUCTION OF SALE AS AN END-USER OF CUSTOMERS INTENDS TO
PURCHASE COAL DIRECTLY FROM COAL MINES
    * PT DNS HAS COMMENCED AND IS STILL IN PROCESS OF
NEGOTIATING WITH
DESIGNATED COAL MINE
    * PT DNS IS EXPLORING SALE OF COAL TO OTHER CUSTOMERS
    * DECLINE IN REVENUE FROM COAL TRADING BUSINESS COMPENSATED
BY
REVENUE TO BE GENERATED FROM SALE TO OTHER CUSTOMERS

Source text for Eikon:  ID:nSNQ67gz 
Further company coverage:  RESU.SI 

 ((Reuters.Briefs@thomsonreuters.com;))