Indika Energy 6M25 slides: Revenue falls 20% amid coal price slump, non-coal growth

Indika Energy has reported a significant 20% drop in revenue for the first half of 2025, primarily due to a slump in coal prices. This decline highlights the challenges faced by the coal industry, which is struggling to maintain profitability amid fluctuating market conditions. However, the company is also seeing growth in non-coal sectors, indicating a potential shift in strategy that could help mitigate losses. This situation is important as it reflects broader trends in energy markets and the ongoing transition towards more sustainable energy sources.