Antam's Gold Sales Volume Increases 93 Percent Capai 13,739 Kg In The First Quarter Of 2025
JAKARTA - PT Aneka Tambang Tbk (ANTM) recorded an increase in synifikan in gold sales volume during the first quarter of 2025.
Director of Finance and Risk Management Antam Arianto Sabtonugroho Rudijito explained that gold sales volume increased by 93 percent to 13,739 kg.
"This is driven by the launch of the Antam Logam Mulia application which facilitates digital physical gold transactions," he said at a press conference in Jakarta, Friday, May 9.
Arianto further said, Antam recorded total net sales of IDR 26.15 trillion during the first quarter of 2025, up 203 percent compared to IDR 8.62 trillion in the same period last year.
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Interestingly, domestic sales dominate 95 percent of total revenue or IDR 24.83 trillion. Arianto said gold commodities were the backbone of revenue, with sales value reaching IDR 21.61 trillion, up 182 percent and contributing 83 percent of total sales.
As for the company's financial side, Antam recorded a 10-fold increase in the company's net profit to Rp2.32 trillion compared to the same period in 2024 which was recorded at Rp210.59 billion.
The company's EBITDA was recorded at 518 percent to Rp3.26 trillion, a significant increase from the same period in 2024 which was recorded at Rp527.61 billion.