00:00Indonesia's first mining service provider, PT Sinar Terang Mandiri TBK,
00:08which is a mining company, officially listed its first share
00:12in the Indonesian Stock Exchange on March 10, 2025.
00:15Main Director of MINE, Ivo Wanggari, said that the increase in capital through IPO
00:20makes the company have greater ability
00:23to optimize business opportunities in the mining sector.
00:30Indonesia's first mining service provider, PT Sinar Terang Mandiri TBK,
00:35which is a mining company, officially listed its first share
00:39in the Indonesian Stock Exchange on March 10, 2025.
00:43Main Director of MINE, Ivo Wanggari, said that IPO is an important and strategic momentum
00:49for companies to expand their business and continue to increase their financial performance.
00:55He said that the increase in capital through IPO makes the company have greater ability
01:01to optimize business opportunities in the mining sector
01:05and support the nickel industry hillarization program, which is now one of the government's focus.
01:11This IPO is our big strategic
01:14to strengthen the company's position by expanding its business,
01:19increasing transparency,
01:22providing and supporting to run the entire business plan optimally.
01:29The funds from this IPO are mostly used to buy heavy goods.
01:35As part of the expansion of the business,
01:38this will create greater opportunities in the nickel mining sector
01:43because the potential of the industry is still very large.
01:49Fundamentally, Kinerja MINE continues to grow by increasing productivity.
01:55On August 31, 2024, the company recorded an income of 1.36 trillion rupiah,
02:01up 40.8% compared to the same period in 2023 of 968.05 billion rupiah.
02:10The increase in income was driven by an increase in the total material movement of nickel mining,
02:16as large as 47% of 6.7 million BCM at the end of August 2023
02:23to 9.8 million BCM at the end of the same period in 2024.
02:29Coverage Team, IDX Channel
