Article

Jakarta - PT ABM Investama Tbk, a mining company under Trakindo Group, is eyeing 50% growth in revenue this year from IDR6.63 trillion a year earlier.

Such target is set following the strong growth sales from its subsidiary, ABM Investama President Director Andi Djajanegara said.

The subsidiary, which is PT Reswara Minergi Hartama, begins to optimize the operation of its coal mining in South Kalimantan.

“We are focusing in resources, mining service, and infrastructure. We are targeting a 50% growth this year,” he said in the public exposure today. The ABMM-coded company posted IDR6.63 trillion in revenue last year or 47.70% higher from IDR4.49 trillion a year earlier.

Thus, it increased the net profit by 226% to IDR415.74 billion from IDR127.32 billion last year. (T06/msw)

Copyright : Bisnis Indonesia (M. Tahir Saleh, Arsyad Paripurna)