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20260430_TINS_Laporan Informasi dan Fakta Material_32076329_lamp2.pdf
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PRESS RELEASE
UNTUK SEGERA DISIARKAN
TINS Catatkan Kinerja Impresif, Laba Melesat Signifikan di Kuartal I 2026
Jakarta, 30 April 2026 – PT TIMAH (Persero) Tbk (“Perseroan”; IDX: TINS) hari ini
mengumumkan Laporan Keuangan Konsolidasian untuk periode yang berakhir 31 Maret 2026.
Secara keseluruhan, harga timah pada kuartal I 2026 menunjukkan penguatan signifikan di
tengah volatilitas tinggi, didorong oleh pengetatan pasokan dan penguatan sentimen spekulasi
pasar. Namun demikian, momentum kenaikan mulai menghadapi tekanan seiring
meningkatnya persediaan global dan indikasi pemulihan pasokan, sementara eskalasi risiko
geopolitik turut memperbesar ketidakpastian serta tekanan terhadap biaya dan kelancaran
rantai pasok.
Harga rata-rata logam timah Cash Settlement Price London Metal Exchange (LME) di kuartal I
2026 sebesar USD48.679,68 per metrik ton, mengalami kenaikan sebesar 34,7% dibandingkan
periode sama tahun sebelumnya sebesar USD31.804,37 per metrik ton.
Dari sisi permintaan, struktur konsumsi timah menunjukkan perbaikan yang positif. Sekitar 50%
permintaan ditopang oleh segmen solder yang terintegrasi dengan industri semikonduktor dan
elektronik. Prospek segmen ini tetap kuat, didorong oleh tren struktural jangka panjang seperti
akselerasi kecerdasan buatan (AI), ekspansi pusat data, pengembangan penyimpanan energi,
dan peningkatan investasi pada infrastruktur kelistrikan.
Persediaan timah di gudang LME pada akhir Maret 2026 berada di posisi 8.700 ton, naik 60,7%
dari awal tahun 2026 di posisi 5.415 ton.
Berdasarkan CRU Tin Monitor, pertumbuhan produksi logam timah global di kuartal I 2026
sebesar 90.645 ton. Sedangkan konsumsi logam timah global di kuartal I 2026 diperkirakan
sebesar 89.036 ton.
Kinerja Keuangan
Perseroan membukukan pendapatan sebesar Rp5,47 triliun meningkat 160,50% di kuartal I
2026 dari Rp2,10 triliun di kuartal I 2025 seiring dengan kenaikan volume penjualan dan harga
jual rata-rata logam timah.
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Perseroan membukukan laba usaha sebesar Rp1,88 triliun lebih tinggi dari kuartal I 2025
sebesar Rp0,15 triliun dengan pencapaian EBITDA sebesar Rp2,1 triliun atau lebih tinggi
450,84% dari kuartal I 2025 sebesar Rp0,38 triliun. Laba bersih Perseroan di kuartal I 2026
sebesar Rp1,5 triliun atau 595% dari target yang sudah ditentukan Perseroan yaitu Rp252
miliar.
Nilai aset Perseroan pada kuartal I 2026 naik 11,62% menjadi Rp15,23 triliun dari Rp13,64
triliun pada akhir tahun 2025. Sedangkan posisi liabilitas Perseroan sebesar Rp5,27 triliun, naik
1% dibandingkan posisi akhir tahun 2025 sebesar Rp5,23 triliun.
Posisi ekuitas sebesar Rp9,96 triliun mengalami kenaikan 18,4% dibandingkan posisi akhir
tahun 2025 sebesar Rp8,41 triliun, seiring dengan dibukukannya laba di kuartal I 2026.
Kinerja keuangan Perseroan menunjukkan hasil yang baik, terlihat dari beberapa rasio
keuangan penting di antaranya Quick Ratio sebesar 105,1%, Current Ratio sebesar 276,1%, Debt
to Asset Ratio sebesar 6,9%, dan Debt to Equity Ratio sebesar 10,6%.
“Pada kuartal I 2026, Perseroan membukukan kinerja keuangan yang solid, ditopang oleh
pencapaian kinerja operasional yang cukup signifikan serta konsistensi strategi optimalisasi
dan efisiensi berkelanjutan di seluruh lini bisnis. Sehingga Perseroan berhasil melampaui target
laba yang telah ditetapkan,“ ujar Restu Widiyantoro Direktur Utama PT TIMAH (Persero) Tbk.
Kinerja Operasi
Sampai dengan kuartal I 2026, Perseroan mencatat produksi bijih timah sebesar 6.312 ton Sn
atau naik 96% dibandingkan periode sama tahun sebelumnya yang mencapai 3.225 ton Sn.
Peningkatan ini didorong oleh kenaikan produktivitas dan jumlah unit operasi pada sejumlah
objek produksi termasuk Kapal Isap Produksi (KIP) Perusahaan, Ponton Isap Produksi (PIP),
serta Tambang Darat Kemitraan (Tambang Kecil dan Tambang Ponton Isap Darat). Selain itu,
selama kuartal I 2026 telah beroperasi 1 (satu) unit Kapal Keruk (KK) yaitu KK Singkep 1, yang
tidak beroperasi pada periode yang sama tahun sebelumnya. Kinerja produksi juga ditopang
oleh perbaikan pengawasan dan pengamanan Wilayah Izin Usaha Pertambangan (WIUP) dan
area produksi, serta dukungan Satuan Tugas (Satgas) dari Pemerintah yang ditempatkan di
Perseroan.
Pada periode Q1 2026, Perseroan secara konsisten melaksanakan berbagai upaya untuk
memperkuat kinerja operasional dan produksi. Pada penambangan darat, dilakukan
peningkatan jumlah unit operasi serta penguatan kegiatan eksplorasi melalui pelaksanaan bor
pandu guna memastikan arah penggalian yang lebih presisi dan selaras dengan blok Rencana
Kerja yang telah ditetapkan. Dalam kegiatan penambangan laut, Perseroan mengoperasikan 1
(satu) unit KK serta terus mengoptimalkan kinerja operasional KIP. Upaya peningkatan kinerja
turut didukung melalui optimalisasi fasilitas Sisa Hasil Pengolahan KIP guna meningkatkan
efektivitas proses pengolahan, serta penguatan produktivitas PIP.
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Adapun produksi logam timah naik 82% menjadi 5.630 metrik ton Sn dibandingkan periode
sama tahun sebelumnya sebesar 3.095 metrik ton Sn. Sedangkan penjualan logam timah naik
113% menjadi 6.009 metrik ton dibandingkan periode sama tahun sebelumnya sebesar 2.824
ton. Harga jual rata-rata logam timah sebesar USD49.221 per metrik ton, naik 51%
dibandingkan tahun sebelumnya sebesar USD32.495 per metrik ton.
Pada kuartal I 2026, Perseroan mencatat penjualan logam timah yang didominasi oleh pasar
ekspor sebesar 97%, sementara penjualan domestik sebesar 3%. Adapun enam negara tujuan
ekspor utama meliputi China 48%; India 11%; Korea Selatan 10%; Italia 6%; Singapura 5%; dan
Belanda 4%.
Kondisi saat ini dan prospek ke depan
Perseroan saat ini menunjukkan penguatan yang berkelanjutan didukung oleh peningkatan
kinerja operasi dan produksi. Peningkatan volume produksi bijih timah, optimalisasi
penambangan baik darat maupun laut, serta penguatan tata kelola pengawasan wilayah
operasi menjadi faktor utama yang mendorong peningkatan kinerja Perseroan. Di sisi eksternal,
tren harga timah yang cenderung menguat di tengah ketatnya pasokan global turut
memberikan dukungan positif terhadap kinerja keuangan, sehingga memperkuat prospek
pertumbuhan Perseroan ke depan.
--- selesai ---
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Sekilas PT TIMAH (Persero) Tbk
PT TIMAH (Persero) Tbk adalah anak usaha dari holding pertambangan Indonesia MIND ID
merupakan produsen timah terkemuka sekaligus eksportir timah terbesar di dunia dengan
wilayah operasional pertambangan dan peleburan logam timah di provinsi Bangka Belitung,
Kepulauan Riau, dan Riau.
Menjadi Perseroan Terbatas sejak tahun 1976 dan melantai di Bursa Efek Indonesia sejak tahun
1995, PT TIMAH (Persero) Tbk menjalankan bisnis timah yang terintegrasi secara vertikal, mulai
dari kegiatan eksplorasi, penambangan, peleburan dan pemurnian logam timah hingga
pemasaran yang melayani para pelanggan internasional maupun domestik. Produk logam
timah dengan merek “Banka Tin”, “Kundur Tin”, dan “Mentok Tin” memiliki reputasi
internasional dan telah terdaftar di London Metal Exchange (LME).
Saat ini PT TIMAH (Persero) Tbk yang merupakan anggota dari International Tin Association
(ITA) memiliki 4 (empat) lini bisnis utama yakni pertambangan timah, hilirisasi timah (tin
chemical dan tin solder), pertambangan non‐timah (batubara dan nikel), serta bisnis berbasis
kompetensi termasuk properti, galangan kapal, agro bisnis.
Untuk keterangan lebih lanjut dapat menghubungi:
Ruddy Nursalam, Division Head of Corporate Secretary
Telepon : +62 (21) 23528000 dan +62 (717) 4258000
Email : corsec@pttimah.co.id
Website : www.timah.com
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PT TIMAH (Persero) Tbk
Ikhtisar Unjuk Kerja
Q1 2026 dan Q1 2025
Q1 2026 Q1 2025 Perubahan (%)
Keterangan
a b (a-b)/b
Produksi bijih timah - Ton Sn
Darat 3.041 1.611 89%
Laut 3.271 1.614 103%
Total 6.312 3.325 96%
Produksi logam timah - Metrik Ton 5.630 3.095 82%
Penjualan logam timah - Metrik Ton 6.009 2.824 113%
Harga Jual Rata-Rata - US$/Metrik Ton 49.221 32.495 51%
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PRESS RELEASE
FOR IMMEDIATE RELEASE
TINS Records Impressive Performance, Profit Surges Significantly in Q1 2026
Jakarta, April 30, 2026 – PT TIMAH (Persero) Tbk (“the Company”; IDX: TINS) today announced
its Consolidated Financial Statements for the period ended March 31, 2026.
Overall, tin prices in the first quarter 2026 recorded a significant increase amid high volatility,
driven by tightening supply and stronger market speculation sentiment. However, the upward
momentum began to face pressure as global inventories rose and signs of supply recovery
emerged, while escalating geopolitical risks further heightened uncertainty and put pressure
on costs and supply chain stability.
The average price of refined tin on the London Metal Exchange (LME) Cash Settlement Price in
the first quarter of 2026 was USD 48,679.68 per metric ton, an increase of 34.7% compared to
the same period in the previous year of USD 31,804.37 per metric ton.
From the demand side, the structure of tin consumption shows positive improvement.
Approximately 50% of demand is supported by the solder segment, which is closely integrated
with the semiconductor and electronics industries. The outlook for this segment remains
strong, driven by long-term structural trends such as the acceleration of artificial intelligence
(AI), expansion of data centers, development of energy storage, and increased investment in
electrical infrastructure.
Tin inventories in LME warehouses at the end of March 2026 stood at 8,700 tons, up 60.7%
from the beginning of 2026 at 5,415 tons.
Based on the CRU Tin Monitor, global refined tin production in Q1 2026 reached 90,645 tons.
Meanwhile, global refined tin consumption in Q1 2026 was estimated at 89,036 tons.
Financial Performance
The Company recorded revenue of IDR 5.47 trillion, an increase of 160.50% in Q1 2026 from
IDR 2.10 trillion in Q1 2025, in line with higher sales volume and an increase in the average
selling price of refined tin.
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The Company recorded operating profit of IDR 1.88 trillion, significantly higher than IDR 0.15
trillion in Q1 2025, with EBITDA reaching IDR 2.1 trillion, up 450.84% from IDR 0.38 trillion in
the same period last year. The Company’s net profit in Q1 2026 amounted to IDR 1.5 trillion, or
595% of the Company’s predetermined target of IDR 252 billion.
The Company’s total assets in Q1 2026 increased by 11.62% to IDR 15.23 trillion from IDR 13.64
trillion at the end of 2025. Meanwhile, the Company’s liabilities stood at IDR 5.27 trillion, up
1% compared to IDR 5.23 trillion at the end of 2025.
Equity position amounted to IDR 9.96 trillion, an increase of 18.4% compared to IDR 8.41 trillion
at the end of 2025, driven by the net profit recorded in Q1 2026.
The Company’s financial performance showed solid results, as reflected in several key financial
ratios, including a Quick Ratio of 105.1%, a Current Ratio of 276.1%, a Debt-to-Asset Ratio of
6.9%, and a Debt-to-Equity Ratio of 10.6%.
“In Q1 2026, the Company recorded solid financial performance, supported by significant
operational achievements and the consistent implementation of optimization and continuous
efficiency strategies across all business lines. As a result, the Company successfully exceeded
its predetermined profit target,” said Restu Widiyantoro, President Director of PT TIMAH
(Persero) Tbk.
Operation Performance
As of Q1 2026, the Company recorded tin ore production of 6,312 tons of Sn, an increase of
96% compared to 3,225 tons of Sn in the same period of the previous year. This increase was
driven by higher productivity and a greater number of operating units across several production
assets, including the Company’s Production Suction Vessels (KIP), Production Suction Pontoons
(PIP), and Partnership Onshore Mines (small-scale mines and onshore suction pontoon mines).
In addition, during Q1 2026, one dredger unit (KK), namely KK Singkep 1, was in operation,
whereas it was not operating in the same period of the previous year. Production performance
was also supported by improved supervision and security of the Mining Business Permit Areas
(WIUP) and production sites, as well as support from a Government Task Force deployed within
the Company.
During Q1 2026, the Company consistently undertook various initiatives to strengthen its
operational and production performance. In onshore mining, efforts included increasing the
number of operating units and enhancing exploration activities through guide drilling to ensure
more precise excavation directions aligned with the established Work Plan blocks. In offshore
mining, the Company operated one dredger unit (KK) and continued to optimize the
operational performance of its Production Suction Vessels (KIP). Performance improvement
was further supported by optimizing KIP tailings processing facilities to enhance processing
effectiveness, as well as strengthening the productivity of Production Suction Pontoons (PIP).
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Meanwhile, refined tin production increased by 82% to 5,630 metric tons of Sn, compared to
3,095 metric tons of Sn in the same period of the previous year. Refined tin sales rose by 113%
to 6,009 metric tons, compared to 2,824 tons in the same period last year. The average selling
price of refined tin reached USD 49,221 per metric ton, up 51% from USD 32,495 per metric ton
in the previous year.
In Q1 2026, the Company recorded refined tin sales predominantly driven by export markets
at 97%, while domestic sales accounted for 3%. The six main export destination countries were
China (48%), India (11%), South Korea (10%), Italy (6%), Singapore (5%), and the Netherlands
(4%).
Current conditions and prospects for the future
The Company is currently demonstrating sustained strengthening, supported by improvements
in operational and production performance. Increased tin ore production volumes,
optimization of both onshore and offshore mining activities, and strengthened governance and
supervision of operational areas have been key drivers of the Company’s performance
improvement. Externally, the upward trend in tin prices amid tight global supply has also
provided positive support to financial performance, further reinforcing the Company’s growth
prospects going forward.
--- Finished ---
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A brief description about PT TIMAH (Persero) Tbk
PT TIMAH (Persero) Tbk, a subsidiary of Indonesian mining holding company MIND ID, is the
leading tin producer as well as the largest tin exporter in the world with mining and smelting
operations in Bangka Belitung, Riau Islands, and Riau.
Being a Limited Liability Company since 1976 and listed in the Indonesian Stock Exchange since
1995, PT TIMAH (Persero) Tbk carries out vertically integrated tin business from exploration,
mining, smelting and refining, to marketing for overseas and domestic customers. Refined tin
products with the brands "Banka Tin", "Kundur Tin" and "Mentok Tin" officially registered in
the London Metal Exchange (LME) are considered to be the most preferred brand.
Currently PT TIMAH (Persero) Tbk which is a member of the International Tin Association (ITA)
has 4 (four) main business lines namely tin mining, downstream products (tin chemical and tin
solder), non‐tin mining (coal and nickel), as well as competency‐based businesses such as
hospitals, property, shipyards, agribusiness.
Further information, please contact:
Ruddy Nursalam, Division Head of Corporate Secretary
Telephone : +62 (21) 23528000 and +62 (717) 4258000
Email : corsec@pttimah.co.id
Website : www.timah.com
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PT TIMAH (Persero) Tbk
Performance Highlight
Q1 2026 and Q1 2025
Q1 2026 Q1 2025 Change (%)
Remarks
a b (a-b)/b
Production of tin ore - Ton Sn
Onshore 3,041 1,611 89%
Offshore 3,271 1,614 103%
Total 6,312 3,325 96%
Production of refined tin - Metric Ton 5,630 3,095 82%
Sales of refined tin - Metric Ton 6,009 2,824 113%
Average selling price - US$/Metric Ton 49,221 32,495 51%
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