Antam?s net sales up 12% on strong gold sales

Saturday, January 30 2016 - 03:48 AM WIB

IDX-listed mining company PT Aneka Tambang Tbk (Antam) said that unaudited net sales last year increased by 12 percent to Rp 10.55 trillion compared to the previous year, thanks to significant increase in the sales of gold.

Antam said in a statement Friday that gold accounted for Rp 7.31 trillion, or 69 percent of the total net sales. The company added that the audited financial report is expected to be released on March 31 at the latest.

Elsewhere, Antam said that unaudited revenue in the fourth quarter of last year dropped to Rp 1.51 trillion compared to Rp 3.61 trillion in the same period of the previous year.

Production Volume

Commodity Unit Q4 (Oct-Dec) 2014 FY14 Q4 (Oct-Dec) 2015 FY15
Ferronickel TNi 5,141 16,851 4,372 17,211
High-GradeNickel Ore Wmt 468,137 1,230,879 390,830 1,654,796
Low-Grade Nickel Ore Wmt 28,183 28,183 - -
Total Nickel Ore Wmt 496,320 1,259,062 390,830 1,654,796
Gold Kg/Toz 590/18,969 2,342/75,297 526/16,911 2,210/71,053
Silver Kg/Toz 4,452/143,135 17,962/577,492 4,182/134,454 17,319/556,819
Bauxite Wmt 23,020 267,292 29,072 201,517
Alumina Ton - - 18,282 69,869

Sales Volume

Commodity Unit Q4 (Oct-Dec) 2014 FY14 Q4 (Oct-Dec) 2015 FY15
Ferronickel TNi 6,923 19,747 5,255 18,643
High-GradeNickel Ore Wmt - 104,350 - -
Low-Grade Nickel Ore Wmt - 111,050 46,751 46,751
Total Nickel Ore Wmt - 215,400 46,751 46,751
Gold Kg/Toz 4,458/143,328 9,978/320,800 1,531/49,223 14,179/455,865
Silver Kg/Toz 6,044/194,319 20,545/660,537 3,209/103,171 13,172/423,489
Bauxite Wmt 29,719 60,898 21,138 182,624
Alumina Ton - - 23,816 61,759

Editing by reiner Simanjuntak

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