07
Dec
04:00
Trimegah Bangun Persada’s profit gains on nickel sales
Indonesian nickel miner Trimegah Bangun Persada has reported higher profit in the third quarter amid higher nickel sales, Kallanish notes.
The firm says in a statement that its net profit rose 25% quarter-on-quarter to IDR 1.7 trillion ($109.45 million) in the third quarter. This was on the back of its sales which grew 29% on-quarter to IDR 7.06 trillion.
In the first nine months of 2023, the company recorded a net profit of IDR 4.5 trillion, an increase of 24% …
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Anonymous
Very good overview of the weekly steel market.
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