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11 June 2024 10:30 WIB
BUMN Holding Industri Pertambangan Indonesia, or MIND ID, posted positive performance growth throughout 2023. In this Annual GMS, MIND posted a net profit of Rp27.5 trillion, growing 22.4 percent from the 2022 financial year and 36.3 percent higher than RKAP 2024. MIND ID's EBITDA realization also reached Rp40.3 trillion, growing 9.7 percent compared to the 2022 financial year and 58.7 percent higher than the 2023 RKAP.
MIND ID President Director Hendi Prio Santoso said that proactive expansion of business operations spurring innovation with circular economy principles is said to be able to provide added value and business income. MIND ID's total assets also increased 13 percent YoY to Rp259.2 trillion and was followed by an increase in equity of up to 18 percent YoY to Rp129.6 trillion.
"From the operational side, MIND ID has succeeded in maintaining the production rate of a number of mining commodities in order to increase the added value of Indonesia's mineral resources, ranging from nickel, copper, tin, coal, to gold and silver," said Hendi.
MIND ID, or BUMN Holding Industri Pertambangan Indonesia, consists of PT Antam Tbk, PT Bukit Asam Tbk, PT Freeport Indonesia, PT Inalum, and PT Timah Tbk.
Apart from that, Hendi said this positive achievement was the result of the commitment of MIND ID and Holding Members to continue to maintain optimal company operational performance. The company, he said, succeeded in realizing various strategic plans in 2023 so that it was able to encourage the strengthening of good financial performance.
"This achievement is an achievement for us, and of course we will continue to maintain it. MIND ID has a mandate from the government to be able to manage Indonesian mineral commodities so that they have good added value, as well as being able to maintain the company's condition so that it continues to be in prime condition, especially in supporting various government economic program," he said.
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