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Page 1
PRESS RELEASE
FOR IMMEDIATE RELEASE
September 21, 2026


                           AMMAN H1 2026 AUDITED RESULTS
        HIGHER SALES VOLUMES AND FAVORABLE COMMODITY PRICES
                   DELIVER STRONG CASH GENERATION


H1 2026 Key Highlights
•   Solid production growth and sales performance
    o   Produced 347,307 dry metric tonnes (“ dmt” ) of copper concentrate, containing
        approximately 211 million pounds (“ Mlbs ” ) of copper and 346,354 ounces (“ oz ” ) of gold
    o   Sold 120,079 dmt of copper concentrate under the temporary export permit through April
        2026, containing 72 Mlbs of copper and 120,667 oz of gold
    o   Copper cathode production totaled 48,756 tonnes (equivalent to 107 Mlbs), with sales
        volume of 48,654 tonnes (equivalent to 107 Mlbs)
    o   Refined gold production reached 122,131 oz, with sales volume of 65,544 oz
•   Strong sales growth, cost control, and rapid deleveraging
    o   Net sales were US$2,052 million, significant YoY growth reflecting improving production,
        sales volumes, and favorable commodity prices
    o   EBITDA reached US$1,128 million, representing an EBITDA margin of 55%
    o   Net income amounted to US$504 million, with a net income margin of 25%
    o   Early debt repayment and strong cash generation reduced net debt by 13% to
        US$5.0 billion with net debt to EBITDA at 2.4x
    o   Tapering capital expenditure of US$130 million reflects completion of major capital
        projects
•   Improving phase 8 grades drive increased FY 2026 gold production guidance
    o   Gold in concentrate guidance increased by 34% to 775 koz
    o   New guidance for copper cathode and refined gold production of 130 kt and 350 koz,
        respectively
•   Achieved Completion and Project Acceptance Certificate (PAC) for the Smelter and Precious
    Metal Refinery (“ PMR”), marking the successful completion of construction, commissioning
    punch lists, and performance guarantee tests


Jakarta, September 21, 2026 – PT Amman Mineral Internasional Tbk IDX: AMMN) (“ AMMAN ,” the
“ Company ,” or “ We ” ) today announced its audited financial and operational results for the first half
of 2026. Through our subsidiaries, PT Amman Mineral Nusa Tenggara and PT Amman Mineral
Industri, we are now a fully integrated mining-to-refining company and is the second largest
producer of copper and gold in Indonesia.




                                                                                                            1
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“ H1 2026 marked a significant step forward for AMMAN, with strong production growth across our
integrated operations. Concentrate production increased 81% YoY to 347,307 dmt, while copper
and gold production rose 136% YoY to 211 Mlbs and 481% YoY to 346,354 oz, respectively,
supported by increased fresh ore mining and higher ore grades.


During the first half of 2026, we continued ramping up the Smelter and PMR while stabilizing
operations. Under our export permit, valid through April 2026, we exported 120,079 dmt of copper
concentrate, containing approximately 72 Mlbs of copper and 120,667 oz of gold.

Nevertheless, copper cathode production reached 48,756 tonnes (107 Mlbs) and refined gold
production reached 122,131 oz. The smelter delivered consistent performance and achieve new
record in July and August 2026 with input rate reaching design capacity.


In July 2026, we successfully achieved the Smelter Project Acceptance Certificate and formally
completed the project with our contractor, marking a major milestone for our smelter project. We
also commenced commissioning of the processing plant expansion, achieving first ore to mill in
mid-August 2026.


Looking ahead, our focus remains on achieving stable, reliable, and sustainable operations across
the mining, smelting and refining value chain. While geopolitical developments, including the
Middle East conflict which started on February 28 th this year, have contributed to a higher energy
cost, we remain confident in the long -term outlook for copper and gold and believe AMMAN is
well positioned to deliver sustainable growth and long-term value creation,” said Arief Sidarto,
President Director of AMMAN.


“ H1 2026 financial performance reflected improved operating performance, higher sales volume,
and stronger realized metal prices. Net sales reached US$2,052 million, including sales from both
refined products and copper concentrate.


The strong top-line performance translated into a material increase in profitability. EBITDA rose to
US$1,128 million, representing a margin of 55% , compared with US$86 million in H1 2025. Net
income improved to US$504 million, equivalent to a margin of 25% , from a net loss of US$146
million in the prior year. Strong cash generation also supported balance sheet deleveraging,
including an early debt repayment completed during the period, resulting in a 13% reduction in net
debt to US$5.0 billion as of 30 June 2026 and a significant improvement in leverage.” said
Anthony Mathias, Finance Director of AMMAN.




                                                                                                       2
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Key Operating and Financial Highlights 1
                                                                    H1 2025          H1 2026           YoY (% )
 Mining
  Materials mined (million tonnes)                                       147               126            (14%)
  Mill throughput (million tonnes)                                        16                20             26%
 Concentrate
  Production (dry metric tons)                                       191,657          347,307              81%
  Sales (dry metric tons)                                                  -          120,079               nm
 Copper (in concentrate)
  Production (million pounds)                                             89                211           136%
  Sales (million pounds)                                                   -                72              nm
  Selling price – net (US$/pound) 2                                        -              6.80              nm
 Gold (in concentrate)
  Production (ounces)                                                59,578          346,354              481%
  Sales (ounces)                                                          -           120,667               nm
  Selling price – net (US$/ounce) 2                                       -             4,864               nm
 Smelting and refining
 Copper cathodes
  Production (tonnes)                                                19,805            48,756             146%
  Sales (tonnes)                                                     18,522            48,654             163%
  Selling price – net (US$/tonne) 3                                   9,808            13,625              39%
 Refined gold
  Production (ounces)                                                     -           122,131               nm
  Sales (ounces)                                                          -           65,544                nm
  Selling price – net (US$/ounce) 3                                       -             4,746               nm
                                                                    H1 2025          H1 2026           YoY (% )
 Financial metrics (US$ millions)
 Net sales                                                               183           2,052            1,024%
 EBITDA                                                                   86            1,128           1,207%
 Net income/(loss)                                                     (146)             504              444%
 Capital expenditure                                                     719              130             (82%)
 Operating cash flow                                                  (644)               763              218%
                                                                    Dec-25            Jun-26           YTD (% )
 Cash and cash equivalents                                               677              819              21%
 Total assets                                                         13,871            13,801              (1%)
 Total debt                                                           6,432             5,845              (9%)
 Net debt                                                             5,756             5,026             (13%)
 Total equity                                                          5,431             5,861               8%




1 Nm means not meaningful
2 Net of treatment and refining charges and mark-to-market price adjustments from previous shipments
3 Net of mark-to-market price adjustments from previous shipments




                                                                                                                   3
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Production and Operating Costs

The materials mined in H1 2026 were 126 million tonnes, in line with the mine plan. Fresh ore mined
increased significantly to 66 million tonnes in H1 2026 from 6 million tonnes in H1 2025 as mining
progressed into the Phase 8 high grade ore. Unit mining cost increased 27% YoY, from US$2.44/t
to US$3.11/t, driven by longer haul distances and higher fuel prices.


Ore processed increased 26% YoY to 20 million tonnes from 16 million tonnes in H1 2025. Higher
throughput reduced processing unit costs by 11% YoY to US$5.05/t from US$5.70/t. Higher
throughput, combined with improved processed grades of 0.52% copper (from 0.33% ) and 0.65
g/t gold (from 0.14 g/t), drove an 81% YoY increase in concentrate production to 347,307 dmt.
Copper production rose 136% YoY to 211 Mlbs, while gold production increased 481% YoY to
346,354 oz.


The smelter and PMR produced 48,756 tonnes (107 Mlbs) of copper cathodes and 122,131 oz of
refined gold in H1 2026. Smelting and refining costs per tonne cathode produced declined to
US$2,044 from US$3,340 in H1 2025. Unit costs will continue to reduce as production ramps up.


Net Sales


H1 2026 net sales reached US$2,052 million, compared with US$183 million in H1 2025, driven by
higher production and sales volumes, favorable commodity prices and further supported by
concentrate exports. Net sales comprised US$663 million from copper cathodes, US$311 million
from refined gold, and US$1,078 million from concentrate sales.


EBITDA


EBITDA increased to US$1,128 million, with a margin of 55% , compared with US$86 million and a
47% margin in H1 2025. The increase was primarily driven by significantly higher net sales,
reflecting the ramp-up in production and the contribution from concentrate sales.

Net Income/(Loss)

The Company reported net income of US$504 million in H1 2026, representing a 25% margin,
compared with a net loss of US$146 million in H1 2025. The significant improvement in profitability
reflects the same factors outlined above.

Capital Expenditure


Total capital expenditure declined 82% YoY to US$130 million in H1 2026 from US$719 million in
H1 2025, reflecting the near completion of major capital projects.




                                                                                                      4
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Debt


As of June 30, 2026, total debt stood at US$5,845 million, down 9% from December 31, 2025,
reflecting year-to-date debt repayments of US$588 million. With consolidated cash and cash
equivalents of US$819 million, net debt totaled US$5,026 million. Consequently, net debt to
EBITDA improved significantly to 2.4x in June 2026, from 5.4x at year-end 2025. We will repay a
further US$350 million in Q3 2026 and remain focused on strengthening the balance sheet
through disciplined cost control and rapid deleveraging.


                                                       Outstanding balance
                                                             (US$ millions)
                    Working capital loan                                115
                    Term loan                                        5,729
                      Short-term portion                                 75
                      Long-term portion                              5,654
                    Total debt                                       5,845
                    Cash and cash equivalents                           819
                    Total net debt                                   5,026
                    Net debt to EBITDA                                 2.4x




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Joint Ore Reserves Committee (“JORC”) Report Updates


Our JORC Code-compliant reserves and resource report have been updated as of June 30, 2026,
and approved by an independent Competent Person from AMC Consultants Pty Ltd.


JORC estimates as of 30 June 2026
                                                                Grades                Contained
                                                 Total
                                                  (Mt)                     Au                        Au
                                                           Cu (% )               Cu (Blb)
                                                                         (g/t)                   (Moz)
    Stockpiles                                    316        0.33        0.14         2.31         1.40
    Phase 7                                         9        0.62        0.97         0.13         0.29
    Phase 8                                       451        0.33        0.29         3.31         4.21
    Batu Hijau ore reserves                       777        0.34        0.24         5.75         5.90
    Batu Hijau mineral resources 4              2,609        0.27        0.15       15.52         12.40
    Elang ore reserves                          2,581        0.32        0.33        18.17       27.00
    Elang mineral resources 4                   3,982        0.30        0.28       26.03        36.70

Combined Batu Hijau and Elang copper reserves position AMMAN among top 10 globally. The
reserve update reflects a higher gold price assumption of US$2,500/oz (from US$1,800/oz), while
the copper price assumption remains conservative at US$4.00/lb.
•     Batu Hijau reserves increased 10.2% , despite 18 months of production; contained copper rose
      2.6% , while contained gold declined 6.7%
•     Elang reserves increased approximately 2.0% across ore tonnage, contained copper, and
      contained gold.


Elang “ Super Giant” Project on Track


Mine planning for Elang is currently underway, with the JORC completed in Q3 2026 and the Final
Investment Decision (FID) is targeted for 2027.
•     Batu Hijau's mine life has been extended to 2031/2032, with stockpile processing expected to
      continue until 2033/2034.
•     Elang is scheduled to deliver first ore in 2031/2032 and will leverage Batu Hijau's expanded
      integrated facilities, including the existing smelter, processing plants, power infrastructure, and
      Benete Port.
•     Elang ore will be transported via a new overland conveyor (OLC), with corridor permitting and
      preliminary engineering contractor engagement currently in progress.




4 Resources include reserves




                                                                                                            6
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Company Outlook


Reflecting higher mined grades, we have updated our 2026 gold in concentrate production
guidance to 775 koz (+34% ), while copper in concentrate production guidance remains
unchanged at 485 Mlbs. With the smelter and PMR now fully commissioned, we have introduced
refined metal production guidance, which incorporates the 120 kt of concentrate sold during H1
2026.


Looking ahead to H2 2026, our priorities are to deliver on 2026 guidance through enhanced
operational reliability, maintain strict cost discipline as operations continue to expand, further
strengthen the balance sheet through debt repayment and deleveraging, sustain the smelter's
strong operating performance following record achievements in July and August, complete the
remaining major project activities including the LNG tank and ramp-up of the new mill, and
advance preparations for the Elang project's 2027 final investment decision (FID).


                                                                  FY 2026 production guidance

                                                    H1 2026      Original       Revised   Change
 Mining and processing
 Concentrate (dmt)                                    347,307    900,000        900,000           -
 Copper in concentrate (Mlbs)                              211        485           485           -
 Gold in concentrate (oz)                           346,354      579,000        775,000      £34%
 Smelting and refining
 Copper cathode (tonnes)                               48,756               -   130,000        New
 Refined gold (oz)                                     122,131              -   350,000        New


Our guidance reflects our expectations as of the date of this press release and is subject to change.


                                                ###




                                                                                                        7
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About AMMAN


PT Amman Mineral Internasional Tbk (IDX: AMMN) is the largest producer of copper and gold
listed on the Indonesian Stock Exchange. Through our subsidiary, PT Amman Mineral Nusa
Tenggara (“ AMNT ” ), we hold the concession for and operate the Batu Hijau mine, Indonesia’s
second-largest copper-gold mine. AMNT also processes ore into concentrate and engages in
exploration activities at the Elang project. Our copper smelter and Precious Metal Refinery (“ PMR” )
are managed by another subsidiary, PT Amman Mineral Industri (“ AMIN ” ). With the smelter and
refinery facilities now in operation, AMMAN has become a fully integrated mining-to-refining
company, strategically located near key end markets in Asia. We are dedicated to leading with
sustainable practices and creating a legacy of excellence for Indonesia.


Disclaimer


This press release and its information have been prepared by PT Amman Mineral Internasional
Tbk. (“ Company ” or “ AMMN ” ) solely for information purposes only and does not constitute a
recommendation regarding any securities of the Company. The information contained in this
document should be considered in the context of the circumstances prevailing at the time and is
subject to change without notice and will not be updated to reflect material developments that may
occur after the date hereof. Certain statements in these materials constitute forward-looking
statements and information with respect to the future financial condition, results of operations and
certain plans and objects of management of the Company and the Group (“ Forward-Looking
Statements ” ). Such Forward-Looking Statements are made based on management’s current
expectations or beliefs as well as assumptions made by, and information currently available to,
management. Neither the Company nor any of its advisers assumes any responsibility to update
Forward-Looking Statements or to adapt them to future events or developments. This document
is not financial, legal, tax, or other product advice.


Contacts


Media:
Kartika Octaviana
communications@amman.co.id


Investor Relations:
Richard Fischer
investor.relations@amman.co.id


Corporate Secretary:
Vemmy Febrianti
corporate.secretary@amman.co.id




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Additional Information


Expansion Projects


Smelter and PMR


The annual input capacity of our copper smelter and PMR facilities is 900,000 dry metric tons of
concentrate, sourced from the Batu Hijau and future Elang mines. The copper smelter is designed
to produce up to 220,000 tonnes of copper cathode per year and 830,000 tonnes of sulfuric acid
per year. The PMR facility will process approximately 970 tonnes of anode slime per year from the
smelter, yielding an estimated 579,000 oz of refined gold, 1.8 million oz of refined silver, and 77
tonnes of selenium.


Power Expansion


At the same time, we have completed the construction of 450 MW CCPP along with supporting
LNG facilities, reaffirming our commitment to reducing environmental impact. CCPP Block 2
continued to provide uninterrupted power to the smelter, while CCPP Block 1 remains on track to
support the new processing plant commissioning in the second half of 2026.


Processing Plant Expansion


We expanded our processing plant to increase its annual ore input capacity to 85 million tons. This
expansion will enable us to process ore from Batu Hijau’s Phase 8 and the future Elang mine,
addressing the growing demand for our products. Commissioning is on track with first ore to mills
in mid-August 2026.




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Attachments
                                          PT AMMAN MINERAL INTERNASIONAL TBK
                                          DAN ENTITAS ANAK/AND ITS SUBSIDIARIES

 Laporan Posisi Keuangan Konsolidasian Interim                           Interim Consolidated Statements of Financial Position
 30 Juni 2026 dan 31 Desember 2025                                                       June 30, 2026 and December 31, 2025
 (Disajikan dalam Ribuan Dolar Amerika Serikat,                                (Expressed in Thousands of United States Dollars,
 Kecuali Dinyatakan Lain)                                                                            Unless Otherwise Stated)

                                                             30 Juni/          31 Desember/
                                             Catatan/        June 30,          December 31,
                                              Notes            2026                2025

 ASET                                                                                                                                 ASSETS

 ASET LANCAR                                                                                                        CURRENT ASSETS
 Kas dan setara kas                              4                818,937             676,829                  Cash and cash equivalents
 Kas yang dibatasi penggunaannya
    - bagian lancar                              5                135,251             269,444          Restricted cash - current portion
 Piutang usaha                                   6                284,275             610,721                         Trade receivables
 Aset derivatif - bagian lancar                  18                15,336               6,368         Derivative assets - current portion
 Persediaan, bersih                              7                688,672             510,794                            Inventories, net
 Stockpiles - bagian lancar                      7                801,818             535,176                Stockpiles - current portion
 Pajak penghasilan dibayar dimuka                8a                     -              60,516                       Prepaid income tax
 Piutang pajak lainnya                           8a               317,396             422,556                      Other tax receivables
 Biaya dibayar dimuka dan                                                                                             Prepayments and
    aset lancar lainnya                                                                                          other current assets
    - Pihak ketiga                               13                   46,760            59,999                         Third parties -

 Jumlah Aset Lancar                                             3,108,445           3,152,403                        Total Current Assets

 ASET TIDAK LANCAR                                                                                           NON-CURRENT ASSETS
 Kas yang dibatasi penggunaannya                                                                                        Restricted cash
    - bagian tidak lancar                        5                244,225             167,563                   - non-current portion
 Aset derivatif                                                                                                        Derivative assets
    - bagian tidak lancar                        18                 2,895               4,645                   - non-current portion
 Stockpiles - bagian tidak lancar                7              1,571,830             991,717           Stockpiles - non-current portion
 Piutang pajak penghasilan                       8a                76,724              12,780                     Income tax receivable
 Aset pajak tangguhan, bersih                    8d                    22                 836                   Deferred tax assets, net
 Aset tetap, bersih                              9              5,540,783           5,634,565        Property, plant and equipment, net
 Properti pertambangan, bersih                   10               135,910             177,745                     Mining properties, net
 Biaya pengupasan lapisan tanah
    yang ditangguhkan, bersih                    11             2,708,539           3,322,167                Deferred stripping costs, net
 Investasi jangka panjang                        12               269,217             262,448                     Long term investments
 Goodwill                                        14                47,712              47,712                                    Goodwill
 Aset tidak lancar lainnya                                                                                     Other non-current assets
    - Pihak ketiga                              13                    88,247            90,019                          Third parties -
    - Pihak berelasi                           13,28                   6,048             6,048                       Related parties -

 Jumlah Aset Tidak Lancar                                     10,692,152          10,718,245                  Total Non-Current Assets

 JUMLAH ASET                                                  13,800,597          13,870,648                                TOTAL ASSETS




      Catatan atas laporan keuangan konsolidasian interim terlampir       The accompanying notes to the interim consolidated financial statements
     merupakan bagian yang tidak terpisahkan dari laporan keuangan         form an integral part of these interim consolidated financial statements.
                konsolidasian interim secara keseluruhan.




                                                                                                                                                       10
Page 11
                                         PT AMMAN MINERAL INTERNASIONAL TBK
                                         DAN ENTITAS ANAK/AND ITS SUBSIDIARIES

Laporan Posisi Keuangan Konsolidasian Interim                           Interim Consolidated Statements of Financial Position
30 Juni 2026 dan 31 Desember 2025                                                       June 30, 2026 and December 31, 2025
(Disajikan dalam Ribuan Dolar Amerika Serikat,                                (Expressed in Thousands of United States Dollars,
Kecuali Dinyatakan Lain)                                                                            Unless Otherwise Stated)

                                                            30 Juni/          31 Desember/
                                            Catatan/        June 30,          December 31,
                                             Notes            2026                2025

LIABILITAS DAN EKUITAS                                                                                     LIABILITIES AND EQUITY

LIABILITAS                                                                                                                      LIABILITIES

LIABILITAS JANGKA PENDEK                                                                                     CURRENT LIABILITIES
Pinjaman bank jangka pendek                     16               115,365             386,866                   Short term bank loans
                                                                                                                  Trade payables and
Utang usaha dan beban akrual                                                                                     accrued expenses
   - Pihak ketiga                              15                462,809             584,913                           Third parties -
   - Pihak berelasi                           15,28                1,760               1,688                          Related party -
Utang pajak penghasilan                        8b                 76,326                 356                       Income tax payable
Utang pajak lainnya                            8b                 23,641              27,600                        Other tax payables
Liabilitas reklamasi dan penutupan                                                                   Reclamation and closure liabilities
   tambang - bagian lancar                      19                   16,348            22,620                       - current portion
Liabilitas derivatif                                                                                                Derivative liabilities
   - bagian lancar                              18                   79,943            23,285                       - current portion
Pinjaman bank jangka panjang                                                                                    Long term bank loans
   - bagian lancar                              17                   75,384          164,901                    - current maturities
Liabilitas jangka pendek lainnya                                                                               Other current liabilities
   - Pihak ketiga                                                258,957             187,500                            Third party -
   - Pihak berelasi                           21,28               10,303              10,208                       Related parties -

Jumlah Liabilitas Jangka Pendek                                1,120,836           1,409,937                    Total Current Liabilities

LIABILITAS JANGKA PANJANG                                                                               NON-CURRENT LIABILITIES
Pinjaman bank jangka panjang, bersih                                                                         Long term bank loans, net
   - setelah dikurangi bagian lancar  17                       5,653,955           5,880,598              - net of current maturities
Liabilitas reklamasi dan penutupan                                                                   Reclamation and closure liabilities
   tambang - bagian tidak lancar      19                         429,613             416,791                   - non-current portion
Liabilitas imbalan kerja              20                           9,678               8,810                Employee benefit liabilities
Liabilitas pajak tangguhan, bersih    8d                         472,670             460,270                 Deferred tax liabilities, net
Liabilitas derivatif                                                                                                Derivative liabilities
   - bagian tidak lancar              18                             94,554            58,658                  - non-current portion
Liabilitas jangka panjang lainnya                                                                           Other non-current liabilities
   - Pihak ketiga                                                129,464             171,875                            Third party -
   - Pihak berelasi                  21,28                        28,356              32,597                        Related parties -

Jumlah Liabilitas Jangka Panjang                               6,818,290           7,029,599             Total Non-Current Liabilities

JUMLAH LIABILITAS                                              7,939,126           8,439,536                          TOTAL LIABILITIES




     Catatan atas laporan keuangan konsolidasian interim terlampir       The accompanying notes to the interim consolidated financial statements
    merupakan bagian yang tidak terpisahkan dari laporan keuangan         form an integral part of these interim consolidated financial statements.
               konsolidasian interim secara keseluruhan.




                                                                                                                                                      11
Page 12
                                         PT AMMAN MINERAL INTERNASIONAL TBK
                                         DAN ENTITAS ANAK/AND ITS SUBSIDIARIES

Laporan Posisi Keuangan Konsolidasian Interim                           Interim Consolidated Statements of Financial Position
30 Juni 2026 dan 31 Desember 2025                                                       June 30, 2026 and December 31, 2025
(Disajikan dalam Ribuan Dolar Amerika Serikat,                                (Expressed in Thousands of United States Dollars,
Kecuali Dinyatakan Lain)                                                                            Unless Otherwise Stated)

                                                            30 Juni/           31 Desember/
                                            Catatan/        June 30,           December 31,
                                             Notes            2026                 2025

EKUITAS                                                                                                                         EQUITY
Modal saham - nilai nominal                                                                                    Capital stock - par value
  Rp 125 (nilai penuh) per saham                                                                     IDR 125 (full amount) per share
  Modal dasar -                                                                                                          Authorized -
  113.360.000.000 saham                                                                                     113,360,000,000 shares
  Modal ditempatkan dan disetor -                                                                               Issued and paid-up -
  72.518.217.656 saham                         22a               659,301              659,301                72,518,217,656 shares
Tambahan modal disetor                         22a             1,720,040            1,720,040                 Additional paid-up capital
Saham treasuri                                 22b               (48,429)             (48,429)                            Treasury stock
Cadangan lainnya                                                (116,553)             (47,455)                            Other reserves
Dampak dari transaksi ekuitas                                                                            Effect of equity transactions of
  entitas anak                                                  (270,223)            (270,223)                           a subsidiary
                                                                                                                      Foreign exchange
Selisih kurs karena penjabaran                                                                             adjustment on translation
  laporan keuangan                                                   (4,999)            (4,215)               of financial statements
Saldo laba                                                                                                            Retained earnings
  Dicadangkan                                  22c                   600                  300                           Appropriated
  Belum dicadangkan                                            3,826,406            3,328,777                         Unappropriated

Jumlah Ekuitas yang Dapat
  Diatribusikan kepada Pemilik                                                                           Total Equity Attributable to
  Entitas Induk                                                5,766,143            5,338,096          Owners of the Parent Entity

Kepentingan nonpengendali                       23                   95,328             93,016                    Non-controlling interests

JUMLAH EKUITAS                                                 5,861,471            5,431,112                               TOTAL EQUITY

JUMLAH LIABILITAS DAN EKUITAS                                13,800,597           13,870,648 TOTAL LIABILITIES AND EQUITY




     Catatan atas laporan keuangan konsolidasian interim terlampir        The accompanying notes to the interim consolidated financial statements
    merupakan bagian yang tidak terpisahkan dari laporan keuangan          form an integral part of these interim consolidated financial statements.
               konsolidasian interim secara keseluruhan.




                                                                                                                                                       12
Page 13
                                           PT AMMAN MINERAL INTERNASIONAL TBK
                                           DAN ENTITAS ANAK/AND ITS SUBSIDIARIES

Laporan Laba Rugi dan Penghasilan                                                 Interim Consolidated Statements of Profit or Loss
Komprehensif Lain Konsolidasian Interim                                                           and Other Comprehensive Income
Untuk Periode-periode Enam Bulan yang Berakhir                                                     For the Six-month Periods Ended
30 Juni 2026 dan 2025                                                                                        June 30, 2026 and 2025
(Disajikan dalam Ribuan Dolar Amerika Serikat,                                       (Expressed in Thousands of United States Dollars,
Kecuali Dinyatakan Lain)                                                                                     Unless Otherwise Stated)

                                              Catatan/             30 Juni/June 30,
                                               Notes             2026          2025*)

PENJUALAN BERSIH                                  24             2,052,410               182,595                                     NET SALES

BEBAN POKOK PENJUALAN                             25            (1,088,256)             (126,892) COSTS APPLICABLE TO SALES

LABA KOTOR                                                         964,154                 55,703                              GROSS PROFIT

BEBAN OPERASIONAL                                                                                                OPERATING EXPENSES
  Beban akresi                                    19                   (12,823)           (12,724)                   Accretion expenses
  Beban eksplorasi                                                     (10,137)            (9,953)                 Exploration expenses
  Beban pemasaran, umum                                                                                          Marketing, general and
    dan administrasi                              26                   (31,654)           (63,236)            administrative expenses

Jumlah Beban Operasional                                               (54,614)           (85,913)               Total Operating Expenses

LABA/(RUGI) OPERASIONAL                                            909,540                (30,210)           OPERATING PROFIT/(LOSS)

PENDAPATAN/(BEBAN) LAIN                                                                                    OTHER INCOME/(EXPENSES)
  Bagian laba dari entitas asosiasi                                                                         Share in profit of associate
    dan ventura bersama                          12                 16,613                 6,643                 and joint ventures
  Beban keuangan                              16,17,21            (255,699)             (167,633)                        Finance costs
  Pendapatan/(beban)
    lainnya, bersih                                                    24,621                 (341)       Other income/(expenses), net

Jumlah Beban Lain, Bersih                                         (214,465)             (161,331)               Total Other Expenses, Net

LABA/(RUGI) SEBELUM PAJAK                                          695,075              (191,541)           PROFIT/(LOSS) BEFORE TAX

(BEBAN)/MANFAAT PAJAK                                                                                                       INCOME TAX
  PENGHASILAN                                     8c              (140,823)                45,116                   (EXPENSE)/BENEFIT

LABA/(RUGI) PERIODE BERJALAN                                                                      PROFIT/(LOSS) FOR THE PERIOD
  SEBELUM PENERIMAAN                                                                                        BEFORE NON-TAX
  NEGARA BUKAN PAJAK                                               554,252              (146,425)     GOVERNMENT REVENUE

Penerimaan negara bukan pajak                     15                   (50,566)                    -           Non-tax government revenue

LABA/(RUGI) PERIODE BERJALAN                                       503,686              (146,425) PROFIT/(LOSS) FOR THE PERIOD
*) Tidak diaudit/Unaudited




       Catatan atas laporan keuangan konsolidasian interim terlampir         The accompanying notes to the interim consolidated financial statements
      merupakan bagian yang tidak terpisahkan dari laporan keuangan           form an integral part of these interim consolidated financial statements.
                 konsolidasian interim secara keseluruhan.




                                                                                                                                                          13
Page 14
                                           PT AMMAN MINERAL INTERNASIONAL TBK
                                           DAN ENTITAS ANAK/AND ITS SUBSIDIARIES

Laporan Laba Rugi dan Penghasilan                                                 Interim Consolidated Statements of Profit or Loss
Komprehensif Lain Konsolidasian Interim                                                           and Other Comprehensive Income
Untuk Periode-periode Enam Bulan yang Berakhir                                                     For the Six-month Periods Ended
30 Juni 2026 dan 2025                                                                                        June 30, 2026 and 2025
(Disajikan dalam Ribuan Dolar Amerika Serikat,                                       (Expressed in Thousands of United States Dollars,
Kecuali Dinyatakan Lain)                                                                                     Unless Otherwise Stated)

                                              Catatan/             30 Juni/June 30,
                                               Notes             2026          2025*)

(RUGI)/PENGHASILAN                                                                                              OTHER COMPREHENSIVE
  KOMPREHENSIF LAIN                                                                                                     (LOSS)/INCOME
Pos yang akan                                                                                                  Items that will be reclassified
  direklasifikasi ke laba rugi                                                                              subsequently to profit or loss
  Transaksi derivatif                             18                   (85,336)            (9,804)                Derivative transactions
  Pajak sehubungan dengan                                                                                         Related income tax on
     transaksi derivatif                          8d                   18,774               2,157              derivative transactions
  Bagian penyesuaian translasi                                                                                       Share in translation
     dari entitas asosiasi                        12                    (3,593)                560            adjustment of associate

                                                                       (70,155)            (7,087)

Pos yang tidak akan                                                                                        Items that will not be reclassified
  direklasifikasi ke laba rugi                                                                              subsequently to profit or loss
  Pengukuran kembali                                                                                          Remeasurement of defined
     liabilitas imbalan kerja                     20                     (257)                     -       employee benefit liabilities
  Pajak sehubungan dengan                                                                                         Related income tax on
     pengukuran kembali                                                                                    remeasurement of defined
     liabilitas imbalan kerja                   8d,20                      57                      -       employee benefit liabilities

                                                                         (200)                     -

Jumlah Rugi Komprehensif                                                                                      Total Other Comprehensive
  Lain, Setelah Pajak                                                  (70,355)            (7,087)                    Loss, Net of Tax

JUMLAH PENGHASILAN/(RUGI)                                                                                        TOTAL COMPREHENSIVE
  KOMPREHENSIF                                                                                                        INCOME/(LOSS)
  PERIODE BERJALAN                                                 433,331              (153,512)                    FOR THE PERIOD

JUMLAH LABA/(RUGI) PERIODE
  BERJALAN YANG DAPAT                                                                             TOTAL PROFIT/(LOSS) FOR THE
  DIATRIBUSIKAN KEPADA:                                                                            PERIOD ATTRIBUTABLE TO:
  Pemilik entitas induk                                            497,929              (148,720)     Owners of the parent entity
  Kepentingan nonpengendali                                          5,757                 2,295        Non-controlling interests

                                                                   503,686              (146,425)

JUMLAH PENGHASILAN/(RUGI)
  KOMPREHENSIF PERIODE                                                                                       TOTAL COMPREHENSIVE
  BERJALAN YANG DAPAT                                                                                     INCOME/(LOSS) FOR THE
  DIATRIBUSIKAN KEPADA:                                                                                 PERIOD ATTRIBUTABLE TO:
  Pemilik entitas induk                                            428,831              (156,004)          Owners of the parent entity
  Kepentingan nonpengendali                       23                 4,500                 2,492             Non-controlling interests

                                                                   433,331              (153,512)

LABA/(RUGI) PER SAHAM YANG                                                                              EARNINGS/(LOSS) PER SHARE
  DAPAT DIATRIBUSIKAN                                                                                  ATTRIBUTABLE TO OWNERS
  KEPADA PEMILIK ENTITAS                                                                                   OF THE PARENT ENTITY
  INDUK (nilai penuh)                             27               0.00688             (0.00205)                     (full amount)
*) Tidak diaudit/Unaudited



       Catatan atas laporan keuangan konsolidasian interim terlampir         The accompanying notes to the interim consolidated financial statements
      merupakan bagian yang tidak terpisahkan dari laporan keuangan           form an integral part of these interim consolidated financial statements.
                 konsolidasian interim secara keseluruhan.




                                                                                                                                                          14
Page 15
                                           PT AMMAN MINERAL INTERNASIONAL TBK
                                           DAN ENTITAS ANAK/AND ITS SUBSIDIARIES

Laporan Arus Kas Konsolidasian Interim                                          Interim Consolidated Statements of Cash Flows
Untuk Periode-periode Enam Bulan yang Berakhir                                                 For the Six-month Periods Ended
30 Juni 2026 dan 2025                                                                                    June 30, 2026 and 2025
(Disajikan dalam Ribuan Dolar Amerika Serikat,                                   (Expressed in Thousands of United States Dollars,
Kecuali Dinyatakan Lain)                                                                                 Unless Otherwise Stated)

                                             Catatan/              30 Juni/June 30,
                                              Notes              2026          2025*)

ARUS KAS DARI                                                                                                    CASH FLOWS FROM
  AKTIVITAS OPERASI                                                                                       OPERATING ACTIVITIES
Penerimaan dari pelanggan       6,21,24,25                        2,506,338            386,356                Receipts from customers
Pembayaran kepada pemasok                                        (1,202,800)          (715,991)                  Payments to suppliers
Pembayaran royalti, pajak dan                                                                           Payments of royalties, taxes and
  penerimaan negara bukan pajak                                   (304,435)           (151,552)         non-tax government revenue
Pembayaran beban keuangan        16,17,21                         (236,487)           (162,405)              Payments of finance costs

Kas bersih diperoleh dari/                                                                                                     Net cash
  (digunakan untuk)                                                                                             provided by/(used in)
  aktivitas operasi                                                762,616            (643,592)                   operating activities

ARUS KAS DARI                                                                                                     CASH FLOWS FROM
  AKTIVITAS INVESTASI                                                                                      INVESTING ACTIVITIES
                                                                                                                          Acquisitions of
Perolehan aset tetap                            9,31              (102,045)           (693,811)        property, plant and equipment
                                                                                                              Advance for acquisition of
Uang muka perolehan aset tetap                   13                 (20,000)           (18,000)        property, plant and equipment
Pembayaran untuk penambahan                                                                                     Payments for addition of
  properti pertambangan                          10                  (7,987)             (7,248)                    mining properties

Kas digunakan untuk
  aktivitas investasi                                             (130,032)           (719,059) Cash used in investing activities

ARUS KAS DARI                                                                                                      CASH FLOWS FROM
  AKTIVITAS PENDANAAN                                                                                        FINANCING ACTIVITIES
Penerimaan dari pinjaman                                                                                                  Proceeds from
  bank jangka pendek                             16                115,482             256,064                  short term bank loans
Pembayaran untuk pinjaman                                                                                                 Repayments of
  bank jangka pendek                             16               (264,442)           (270,572)                 short term bank loans
Penerimaan dari pinjaman                                                                                                  Proceeds from
  bank jangka panjang                            17                209,855          1,795,138                    long term bank loans
Pembayaran untuk pinjaman                                                                                                 Repayments of
  bank jangka panjang                            17               (580,866)             (1,893)                  long term bank loans
Pembelian saham treasuri                        22b                      -             (35,798)                Purchase of treasury stock
Perubahan pada kas yang
  dibatasi penggunaannya                          5                 57,531            (111,190)                Changes in restricted cash

Kas bersih (digunakan untuk)/
  diperoleh dari                                                                                       Net cash (used in)/provided by
  aktivitas pendanaan                                             (462,440)         1,631,749                  financing activities

KENAIKAN BERSIH                                                                                             NET INCREASE IN CASH
  KAS DAN SETARA KAS                                               170,144             269,098           AND CASH EQUIVALENTS

                                                                                                                 CASH AND CASH
KAS DAN SETARA KAS                                                                                        EQUIVALENTS AT THE
  PADA AWAL PERIODE                                                676,829             754,280        BEGINNING OF THE PERIOD

Pengaruh perubahan kurs                                                                                                 Effect of foreign
  mata uang asing                                                   (28,036)           (21,207)                exchange rate changes

KAS DAN SETARA KAS                                                                                  CASH AND CASH EQUIVALENTS
  PADA AKHIR PERIODE                                               818,937          1,002,171        AT THE END OF THE PERIOD
*) Tidak diaudit/Unaudited


 Catatan atas laporan keuangan konsolidasian interim terlampir        The accompanying notes to the interim consolidated financial statements
merupakan bagian yang tidak terpisahkan dari laporan keuangan          form an integral part of these interim consolidated financial statements.
           konsolidasian interim secara keseluruhan.




                                                                                                                                                   15

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