Languages Available
N

Three members of SOE mining holding pocket net profits of Rp 6.42 trillion

11 March 2019 01:23 PM  Company: PT. Bukit Asam Tbk[PTBA]
Rp. 4,010  -20 (-0.5%)

JAKARTA. Three member-issuers of the state-owned mining holding company pocketed total net profits of Rp 6.42 trillion in 2018, growing by 25.69% year on year (yoy).

Based on the 2018 financial statements of PT Bukit Asam Tbk (PTBA), PT Aneka Tambang Tbk (ANTM), and PT Timah Tbk (TINS) gathered by Bisnis.com, the three issuers recorded Rp 57.45 trillion in total revenues in 2018, growing by 38.98% from Rp 41.34 trillion in 2017.

The highest revenue was posted by ANTM with Rp 25.24 trillion in 2018, followed by PTBA with Rp 21.16 trillion and TINS with Rp 11.04 trillion.

In terms of revenue, ANTM recorded the highest growth yoy in 2018, with a 99.48% growth yoy from Rp 12.65 trillion in 2017 to Rp 25.24 trillion in 2018.

Meanwhile, PTBA posted the highest net profit with Rp 5.02 trillion, followed by ANTM with Rp 874.42 billion and TINS with Rp 531.35 billion.

Thus, the three issuers posted total net profits of Rp 6.42 trillion in 2018, growing by 25.69% from Rp 5.11 trillion in 2017. (AM/MS)

R
Related News
PT. Bukit Asam Tbk [PTBA]   Rp. 4,010   -20 (-0.5%)