Bisnis.com, JAKARTA – Decision on the use of net profit for the 2020 financial year period from PT Aneka Tambang Tbk. (ANTM), PT Bukit Asam Tbk. (PTBA), and PT Timah Tbk. (TINS) is awaited by market players.
Aneka Tambang (Antam), Bukit Asam, and Timah as members of the BUMN Mining Industry Holding (HIP) have fulfilled the obligation to deliver the 2020 financial performance.
As a result, the three state-owned mining companies have scored a compact performance decline. The income pocketed by ANTM, PTBA, and TINS decreased year on year (yoy) in 2020.
Of the three issuers, only ANTM scored a net profit growth. The gold mining company posted a net profit increase of 492.91 percent to Rp1.14 trillion.
Meanwhile, PTBA posted a 41.17 percent decline in profit to Rp2.38 trillion and TINS still posted a net loss of Rp.340.59 billion.
After submitting their performance achievements, the three of them have also made summons to hold an annual general meeting of shareholders (AGMS).
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