Strong 2025 Performance: PT Timah Contributes Rp1.62 Trillion to the State
PT Timah Tbk (TINS) has contributed Rp1.624 trillion to the state in the form of taxes and Non-Tax State Revenue (PNBP) throughout 2025. This figure marks a substantial increase of 106.9% compared to the 2024 realisation, which stood at Rp855.044 billion.
TINS Corporate Secretary Ruddy Nursalam explained that the company strives to maintain a balance between operational performance and its responsibilities to the state. He noted that these contributions are part of the company’s efforts to support the acceleration of sustainable national development. “Contribution through taxes and PNBP is a manifestation of the company’s commitment to managing natural resources responsibly, ensuring the benefits can be felt by both the community and the state,” he stated in a written release.
The surge in contributions aligns with the company’s financial performance, which recorded a net profit of Rp1.31 trillion in 2025. As a member of the MIND ID mining industry holding company, the increase in contributions stemmed from income tax, VAT, land and building tax, royalties, export duties, and production fees. Ruddy added that the company is not only pursuing mineral production targets but also strengthening corporate governance by prioritising Good Mining Practice in all tin mining activities.
In addition to state contributions, the company continues to allocate resources to social and environmental responsibility (TJSL) programmes, including community empowerment and MSME development. PT Timah (Persero) Tbk recorded an operating profit of Rp1.82 trillion in 2025, a slight increase from Rp1.81 trillion the previous year, while net profit rose by 5.12% year-on-year to Rp1.31 trillion.
President Director of Timah, Restu Widiyantoro, stated that the net profit achievement reached 119% of the target set in the 2025 Work Plan and Budget (RKAP). “The company is focusing on strengthening tin governance, optimising operational performance, marketing, and finance,” he said. The company’s bottom line was supported by revenue of Rp11.55 trillion, a 6.41% year-on-year increase, driven by rising average tin metal selling prices. Global tin prices on the London Metal Exchange (LME) averaged US$34,119.96 per tonne in 2025, a 13% increase from the previous year’s US$30,177.45 per tonne, supported by rising demand for semiconductors, photovoltaic panels, and energy transition technologies.