Ifishdeco (IFSH) Posts Rp 106.5 Billion Profit in 2025, Plans Mining Expansion

JAKARTA, KOMPAS.com - The nickel and silica mining issuer PT Ifishdeco Tbk (IFSH) posted positive performance throughout the 2025 financial year, recording revenue of around Rp 1 trillion or up 2.90 percent compared to the same period last year. Revenue growth also drove growth in the company’s net profit. Net profit for the year was Rp 106.5 billion or up 6.39 percent year on year. Ifishdeco director Iwan Luison said the growth was supported by operational efficiency and cost control that was effective throughout the past year. He said earnings per share (EPS) were Rp 37.51 per share. “The company regards its current financial structure as fairly solid, with equity accounting for 86.1 percent of total assets. This condition is seen as giving the company more room to expand its business,” Iwan said at a press conference, Monday (18/5/2026). In the operational sector, IFSH manages two main commodities: nickel and silica or quartz sand. Nickel sales volume for 2025 reached 1.29 million metric tonnes (MT), about 59 percent of the 2025 Work Plan and Budget (RKAB). Meanwhile for the silica commodity, sales volume reached 978 thousand MT or about 65 percent of RKAB 2025. The company’s operational performance was also influenced by the dynamics of global nickel prices. Throughout 2025, the average Harga Mineral Acuan (HMA) stood at 15,177.12 US dollars per tonne, with the highest price reaching 16,126.33 US dollars per tonne in April 2025. Read also: Nickel issuer IFSH shares suspended by BEI, still report 2025 performance