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07 Dec

Trimegah Bangun Persada’s profit up amid higher nickel sales

Indonesian nickel miner Trimegah Bangun Persada has reported higher profit in the third quarter, boosted by increased nickel sales, Kallanish notes. The firm says its net profit rose 25% quarter-on-quarter to IDR 1.7 trillion ($109.45 million) in Q3 2023. On the same basis, sales grew 29% to IDR 7.06 trillion. In the first nine months of the year, the company recorded a net profit of IDR 4.5 trillion, an increase of 24% compared to the same period last year. Mea…
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