Surge in Financial Performance Supports Jumbo Dividend Distribution
PT Antam Tbk (ANTM) has demonstrated business resilience amidst global economic volatility by recording its best financial performance in the company’s history for 2025.
This achievement has prompted the company to distribute dividends amounting to Rp5.04 trillion to shareholders, while simultaneously preparing funds for business expansion and strategic downstream projects. This decision was approved during the Annual General Meeting of Shareholders (AGMS) for the 2025 Fiscal Year held in Jakarta on Wednesday (10/06/2026).
From the total net profit attributable to the owners of the parent entity, Antam has allocated 70%, or Rp5.04 trillion, as dividends, while 30%, or Rp2.16 trillion, will be retained to support business development and the company’s strategic projects.
The jumbo dividend distribution is supported by a surge in Antam’s financial performance throughout 2025. The company recorded revenue of Rp84.64 trillion, a 22% increase from the previous year, while net profit soared by 106% compared to the 2024 results.
Antam’s President Director, Untung Budiharto, stated that this achievement marks an important milestone for the company amidst challenging global market dynamics. “Amidst global market dynamics and industry challenges, we have successfully recorded the best operational and financial performance in the company’s history. This reflects the strength of our business fundamentals, the effectiveness of our disciplined strategies, and the commitment of all company personnel to optimising national mineral resource potential to create sustainable added value,” said Untung.
According to him, this success was driven by increased productivity, operational efficiency, optimisation of asset and mineral resource management, and the strengthening of the supply chain. The company also noted an increase in the production and sale of key commodities, particularly nickel and bauxite, to the highest levels in more than a decade.
“Amid economic uncertainty and global commodity price volatility, we are optimistic that we can maintain growth momentum through strengthening business fundamentals, operational digitalisation, disciplined cost management, and the acceleration of mineral downstreaming, which provides greater added value to the national economy,” he added.
Antam’s Director of Corporate Strategy, Business Development, and Commercial, Handi Sutanto, explained that although the dividend value has increased compared to the previous year, the company continues to maintain investment space to finance long-term growth. “While the dividend in nominal terms has increased, the payout ratio has decreased from 100% to 70%. This is part of our effort to prepare Antam’s future through various ongoing business development projects. A portion of the profits is being reserved to finance projects that will serve as new growth sources for the company,” said Handi.
He added that the company’s current strategy focuses on strengthening core businesses and building a foundation for future growth through operational transformation and downstream development. “Strengthening the core, building the future. We are strengthening our business foundation to be ready to go further and generate greater value for shareholders,” he stated.
In addition to approving the use of net profits, the AGMS granted Antam approval to accept strategic government assignments for the acceleration of nickel downstreaming and the development of the national electric vehicle battery ecosystem. Through collaboration with PT Industri Baterai Indonesia and the HYD Investment Limited consortium, Antam is involved in building an integrated electric vehicle battery ecosystem from upstream to downstream, ranging from nickel mining, refining facilities, precursor and cathode production, to battery cell manufacturing and battery recycling facilities.
“This step is considered a new source of economic growth for the company while strengthening Indonesia’s position in the global electric vehicle industry supply chain,” said Handi.
During this AGMS, Antam also undertook a management reshuffle as part of its efforts to strengthen business transformation and accelerate the national mineral downstreaming agenda. In the meeting, shareholders approved the appointment of Aryanto Wibowo as Commissioner. Additionally, Antam appointed I Dewa Wirantaya as Director of Downstream Strategy and Downstream Operations, and Arini Kasmira as Director of Finance and Risk Management.
The AGMS also approved changes in nomenclature and the reallocation of directorial duties. Hartono, previously Director of Operations and Production, now serves as Director of Mineral Resource Management. Meanwhile, Ratih Dewihandajani, formerly Director of Human Resources, has been entrusted as Director of Human Resources and Corporate Transformation. Handi Sutanto, previously Director of Commercial, has been given a new mandate as Director of Corporate Strategy, Business Development, and Commercial.