{
    "success": true,
    "data": {
        "id": 2052610,
        "msgid": "antam-strengthens-its-business-with-a-focus-on-creating-long-term-value-1792767040",
        "date": "2026-10-23 21:02:16",
        "title": "Antam Strengthens Its Business with a Focus on Creating Long-Term Value",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Business",
        "summary": "State-owned miner Antam reported first-half 2026 revenue of Rp62.71 trillion, up 6.3% year on year, while net profit rose 34% to Rp6.91 trillion. The company is reviewing a possible share buyback but says any decision will take account of market conditions, financial capacity and funding priorities, particularly the national downstreaming agenda.",
        "content": "<p>PT ANTAM (Persero) Tbk (ANTM) is continuing to strengthen its\nbusiness fundamentals to support national growth and create long-term\nvalue for shareholders and stakeholders.<\/p>\n<p>Through the management of its gold, nickel and bauxite businesses,\nAntam is focusing on optimising high-value-added operations and\ndeveloping sustainable businesses to strengthen the competitiveness of\nIndonesia\u2019s mining industry globally.<\/p>\n<p>Antam Corporate Secretary Wisnu Danandi Haryanto said the company\nrecorded positive financial growth in the first half of 2026.<\/p>\n<p>Antam posted revenue of Rp62.71 trillion, an increase of 6.3%\ncompared with Rp59.02 trillion in the same period a year earlier. Profit\nfor the period reached Rp6.91 trillion, up 34% from Rp5.14 trillion in\nthe first half of 2025.<\/p>\n<p>\u201cThis performance provides Antam with a strategic foundation for\ncontinuing business growth, maintaining the resilience of the national\nindustry and sustaining shareholder confidence. Going forward, we will\ncontinue to optimise our business potential and ensure that corporate\ngovernance is conducted properly, measurably and responsibly,\u201d Wisnu\nsaid on Friday (23 October 2026).<\/p>\n<p>In line with this commitment, Antam is monitoring capital-market\ndevelopments and evaluating strategic options to respond to market\nconditions, including the possibility of a share buyback as part of\nefforts to optimise its capital structure.<\/p>\n<p>Wisnu said the evaluation was being carried out carefully, taking\ninto account market conditions, the strength of the company\u2019s\nfundamentals and financial capacity, as well as priority funding\nrequirements for supporting operations and business development,\nparticularly the success of the national downstreaming agenda.<\/p>\n<p>Wisnu said the buyback option was still under review. Antam would\nconsider the most appropriate and adaptable course of action in light of\nmarket developments, while prioritising the protection of shareholder\ninterests and long-term business sustainability.<\/p>\n<p>\u201cAntam continuously monitors market developments and evaluates\nrelevant strategic steps in response to current conditions. We want to\nensure that every decision is consistent with strengthening the\ncompany\u2019s fundamentals, aligned with national interests and contributes\nto maximising long-term value for shareholders,\u201d Wisnu concluded.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/antam-strengthens-its-business-with-a-focus-on-creating-long-term-value-1792767040",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}