Jan 26, 2012

Antam eyeing Rp10 trio revenue

The state-controlled nickel and gold miner PT Aneka Tambang Tbk (Antam) expects that the company could surpass a Rp10 trillion revenue last year, mainly driven by higher sales volume. 
In 2010, Antam posted a Rp8.74 trillion revenue. With an estimation of surpassing Rp10 trillion, it means a 14.42% increase last year.
President Director Alwin Syah Lubis at Antam said the revenue growth is in line with higher feronickel sales volume to 19,000 tons from 18,000 tons.

Disclosure: No position at the stock mentioned above.

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