State-owned PT Aneka Tambang`s revenue grew above 10 percent until September this year from Rp6.26 trillion recorded in September 2009.
"The revenue growth is driven by mining commodity price hikes in the market," the company`s president director Alwinsyah Loebis said here on Thursday.
He said the net profit was still being audited. "It is all still being audited. What is clear is our income has risen double-digit or above 10 percent from September last year," he said.
Based upon the revenue in September 2009 the company`s revenue in the third quarter this year would be around Rp7 trillion.
The company`s ferronickel production meanwhile reached 14,045 tons or 76 percent of this year`s target. Nickel ore production meanwhile reached 4.96 million metric tons or around 81 percent of the target.
Gold production reached 1,884 kilograms or around 60 percent of the target, silver 14,058 kilograms (60 percent of the target), bauxit 162,307 metric tons (27 percent of the target).
Alwinsyah said in 2010 the company allocated Rp2.35 trillion for capital expenditures.
Of the total, Rp435.53 billion would be for new investments, Rp1.7 trillion for development and Rp208.3 billion for postponed investments.
He said the company would also allocate US$30 million for financing the acquisition of gold and coal mines.
"We are still calculating the capital expenditures that have been absorbed until September 2010," he said.
Regarding capital expenditures for 2011 he said they would be bigger than for 2010, without giving numbers.(*)
"The revenue growth is driven by mining commodity price hikes in the market," the company`s president director Alwinsyah Loebis said here on Thursday.
He said the net profit was still being audited. "It is all still being audited. What is clear is our income has risen double-digit or above 10 percent from September last year," he said.
Based upon the revenue in September 2009 the company`s revenue in the third quarter this year would be around Rp7 trillion.
The company`s ferronickel production meanwhile reached 14,045 tons or 76 percent of this year`s target. Nickel ore production meanwhile reached 4.96 million metric tons or around 81 percent of the target.
Gold production reached 1,884 kilograms or around 60 percent of the target, silver 14,058 kilograms (60 percent of the target), bauxit 162,307 metric tons (27 percent of the target).
Alwinsyah said in 2010 the company allocated Rp2.35 trillion for capital expenditures.
Of the total, Rp435.53 billion would be for new investments, Rp1.7 trillion for development and Rp208.3 billion for postponed investments.
He said the company would also allocate US$30 million for financing the acquisition of gold and coal mines.
"We are still calculating the capital expenditures that have been absorbed until September 2010," he said.
Regarding capital expenditures for 2011 he said they would be bigger than for 2010, without giving numbers.(*)
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