Video: With Prices High, PT Timah Boosts Sales - Profits Up Over 100%
Video: With Prices High, PT Timah Boosts Sales - Profits Up Over 100%
Jakarta, CNBC Indonesia - Global economic and geopolitical volatility remains a hot topic, influencing the movement of global commodity prices, including tin, which is currently trading at around USD 46,000 per metric ton.
Director of Production & Commercial at PT Timah Tbk (TINS), Ilhamsyah Mahendra, stated that the current market volatility has pushed tin prices to a positive level. For TINS, this has helped boost operational performance and sales, resulting in net profit growth of over 100% from the target.
TINS is taking advantage of the momentum of rising tin commodity prices, driven by increased demand for tin in semiconductors, Artificial Intelligence (AI), and Data Centres, by increasing sales. In addition, TINS is also focused on strengthening operational fundamentals, increasing the productivity of mining equipment, and strengthening synergy in each business unit, as well as maintaining the quality of tin ingots to maintain the competitiveness of Indonesian tin in the face of competition with China and Myanmar.
What is TINS’ strategy to boost sales and business performance in 2026? Watch the full interview between Shafinaz Nachiar and Director of Production & Commercial at PT Timah Tbk (TINS), Ilhamsyah Mahendra, in Closing Bell, CNBC Indonesia (Wednesday, 25/02/2026)