PT Indo Tambangraya Megah Tbk (ITMG) posted a net profit of USD 195 million (Rp. 3.26 trillion) in the 2025 financial year. This is based on the audited consolidated financial report submitted to the Indonesian Stock Exchange.
Jakarta, MINE – PT Indo Tambangraya Megah Tbk (ITMG) posted a net profit of USD 195 million (Rp. 3.26 trillion) in the 2025 financial year. This is based on the audited consolidated financial report submitted to the Indonesian Stock Exchange.
“The company posted a net profit of USD 195 million for the year ending December 31 2025,” said TMG Management in an official statement, quoted Friday (27/2).
Meanwhile, the company’s revenue was recorded at IDR 31.41 trillion in 2025, down 18% compared to IDR 38.48 trillion in 2024. This decline was triggered by a 20% weakening in the average selling price (ASP) from around IDR 1.60 million per ton to around IDR 1.27 million per ton.
“The company recorded revenue of USD 1,881 million in FY25, a decrease of 18% compared to USD 2,304 million in FY24. The lower revenue was mainly due to a 20% decrease in ASP in line with the decrease in the reference price for coal,” he added.
However, sales volume rose to 24.7 million tonnes from 24.0 million tonnes, in line with a 5% annual increase in production.
“The company recorded a higher coal sales volume of 24.7 million tons in FY25 compared to 24.0 million tons in FY24. ITMG recorded an increase in coal production of 5% on an annual basis,” he explained.
Cost of revenue will decrease from IDR 26.82 trillion in 2024 to IDR 23.35 trillion in 2025.
In addition, through the EGMS on November 3 2025, the company approved a share buyback program of a maximum of 113 million shares (10% of outstanding shares) with a fund allocation of up to IDR 2.5 trillion. Until the end of 2025, 6 million shares or 0.5% have been bought back.
Source: tambang.co.id
