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Page 1
PRESS RELEASE
FOR IMMEDIATE RELEASE
April 30, 2026


                         AMMAN Q1 2026 EARNINGS RESULTS
         SOLID Q1 EXECUTION: ON TRACK FROM MINING TO REFINING


Q1 2026 Key Highlights
•   Produced 167,792 dry metric tonnes (“dmt”) of copper concentrate, containing approximately
    101 million pounds (“Mlbs”) of copper and 136,115 ounces (“oz”) of gold.
•   Copper cathode production totaled 27,670 tonnes (equivalent to approximately 61 Mlbs), with
    sales volume of 28,764 tonnes (equivalent to approximately 63 Mlbs).
•   Refined gold production reached 66,209 oz, with sales volume of 16,043 oz.
•   On October 31, 2025, AMMAN obtained a concentrate export permit with a quota of 480,000
    dmt, valid for six months through April 30, 2026.
    •   During Q4 2025, the Company sold 151,353 dmt of copper concentrate. An additional
        30,013 dmt were sold in Q1 2026, containing approximately 19 Mlbs of copper and
        30,505 oz of gold.
    •   The Company does not expect to fully utilize the export quota, as some concentrate will
        be directed to support the smelter ramp‑up.
•   Net sales were US$808 million.
•   EBITDA reached US$508 million, representing an EBITDA margin of 63%.
•   Net income amounted to US$163 million, corresponding to a net income margin of 20%. The
    significant improvement in profitability compared to Q1 2025 was driven by the resumption of
    concentrate exports, higher realized metal prices, and continued improvements in operational
    performance.


Jakarta, April 30, 2026 – PT Amman Mineral Internasional Tbk IDX: AMMN) (“AMMAN,” the
“Company,” or “We”) today announced its financial and operational results for the first quarter 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.


“We kicked off 2026 with strong execution and solid operating results across our business. On the
mining side, the concentrate production reached 167,792 dmt, supported by improvements in both
fresh ore mined and ore grades.


On the smelting and refining front, we continued to ramp up both the smelter and the precious
metal refinery (“PMR”) and successfully completed performance guarantee tests (“PGT”) across
several key areas. The remaining tests are progressing well and remain on track for completion in
July 2026.




                                                                                                     1
Page 2
As the concentrate exports were permitted during the quarter, we carried out the annual smelter
maintenance in Q1. As a result of both the planned maintenance downtime and the sale of a portion
of concentrate that would otherwise have been consumed by the smelter, production rates during
the quarter did not reach optimal levels. During the quarter, copper cathode production reached
27,670 tonnes (approximately 61 Mlbs), representing an average production rate of 50%, while
refined gold production reached 66,209 oz, representing an average production rate of 46%.


Our remaining major expansion projects—including the processing plant expansion and the
Combined Cycle Power Plant (“CCPP”)—are progressing as planned. These initiatives are critical
to enhancing throughput capacity, energy efficiency, and overall cost competitiveness.


Q1 2026 financial performance reflected a clear year‑on‑year (“YoY”) step change, underpinned
by the ability to export concentrate, higher sales volumes and realized prices, and stronger
operational performance. During this period, we sold refined products as well as approximately
30,013 dmt of concentrate, resulting in net sales of US$808 million.


These improvements translated into a significant recovery in AMMAN’s profitability for the quarter
compared to the same period last year. EBITDA increased from negative US$42 million in Q1 2025
to US$508 million, delivering an EBITDA margin of 63%. Net income rebounded from a US$138
million net loss in Q1 2025 to a net income of US$163 million, representing a 20% net profit margin.


Our priority remains to ensure stable, reliable, and sustainable smelter operations. At the same
time, our broader expansion initiatives—including the CCPP, LNG regasification facility, and
processing plant expansion—are expected to further enhance our operational resilience and long-
term competitiveness. While we remain mindful of near-term geopolitical uncertainties, including
the ongoing Middle East conflict, which has contributed to a higher energy and certain costs since
March, we are confident that the long-term outlook for copper and gold remains strong, positioning
AMMAN well for sustainable growth.” said Arief Sidarto, President Director of AMMAN.




                                                                                                       2
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Key Operational and Financial Highlights1
                                                                   Q1 2026            Q1 2025             % Change
    Mining operations
     Materials mined (million tonnes)                                     56                 70              (20%)
     Mill throughput (million tonnes)                                      9                  7                25%
    Concentrate
     Production (dry metric tons)                                   167,792             79,741                110%
     Sales (dry metric tons)                                         30,013                    -                nm
    Copper (in concentrate)
     Production (million pounds)                                         101                 37              173%
     Sales (million pounds)                                               19                  -                nm
     Selling price – gross (US$/pound) 2                                5.87                  -                nm
    Gold (in concentrate)
     Production (ounces)                                             136,115            32,340               321%
     Sales (ounces)                                                  30,505                  -                 nm
     Selling price – gross (US$/ounce)2                               4,858                  -                 nm
    Smelting and refining operations
    Copper cathodes
     Production (tonnes)                                             27,670                 635                nm
     Sales (tonnes)                                                  28,764                    -               nm
     Selling price – net (US$/tonne)3                                13,596                    -               nm
    Refined gold
     Production (ounces)                                             66,209                    -               nm
     Sales (ounces)                                                  16,043                    -               nm
     Selling price – net (US$/ounce)3                                 5,139                    -               nm
                                                                   Q1 2026            Q1 2025             % Change
    Financial metrics (US$ millions)
    Net sales                                                            808                  2                 nm
    EBITDA                                                               508               (42)                 nm
    Net income/(loss)4                                                   163              (138)                 nm
    Capital expenditure                                                   114              360               (68%)
                                                                    Mar-26             Dec-25             % Change
    Cash and cash equivalents                                           815               677                 20%
    Total assets                                                     14,010             13,871                  1%
    Total debt                                                        6,476              6,432                  1%
    Net debt                                                          5,662              5,756                (2%)
    Total equity                                                      5,581              5,431                  3%




1
  Nm means not meaningful
2
  Excluding treatment and refining charges and mark-to-market price adjustments from previous shipments
3
  Net of mark-to-market price adjustments from previous shipments
4
  Net income includes IUPK PNBP, a non-tax government revenue for a special mining business license




                                                                                                                     3
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Production

The materials mined in Q1 2026 was 56 million tonnes, in line with the mine plan. Fresh ore mined
increased significantly, rising from 1 million tonnes in Q1 2025 to 38 million tonnes in Q1 2026,
reflecting the planned progression of mining activities. Further, copper grade processed increased
to 0.53% during the quarter compared to 0.31% during the same period last year. Gold grade
similarly improved, rising from increased from 0.17 g/t to 0.54 g/t.


During Q1 2026, mining operations focused on accessing the low‑ to medium‑grade ore body in
Phase 8. Phase 8 commenced in early 2025, during which mining activities were primarily
concentrated on waste removal, resulting in minimal fresh ore mined in that period. The material
increases in fresh ore mined in Q1 2026 reflect the planned transition from waste removal to fresh
ore extraction, in line with the mine plan. Mining cost per unit rose 29% YoY, rising from US$2.53/t
to US$3.25/t, reflecting longer haul distances, higher fuel prices, and lower total materials mined.


Concentrate production reached 167,792 dmt in Q1 2026, representing a 110% YoY increase.
Copper and gold production totaled 101 Mlbs and 136,115 oz, representing YoY increase of 173%
and 321%, respectively.


From the smelting and refining operations, copper cathode production in Q1 2026 totaled
approximately 27,670 tonnes (equivalent to 61 Mlbs), representing an averaged production rate of
50%, while refined gold production reached approximately 66,209 oz or an averaged production
rate of 46%.


Net Sales

Since early 2025, the Company was permitted to sell only finished metal products, such as copper
cathodes and refined gold, rather than concentrate as in 2024. However, we obtained a temporary
concentrate export permit on 31 October 2025, which is valid for six months until 30 April 2026.


Q1 2026 net sales reached US$808 million, representing a significant step change compared to
the same period last year. This was comprised of US$391 million from copper cathodes, US$82
million from refined gold and US$334 million from concentrate sales. Net sales improved
materially, mainly due to the ability to export concentrate and the steady ramp-up of the smelter.

EBITDA


EBITDA for Q1 2026 totaled US$508 million, representing a 63% margin, compared with negative
US$42 million in Q1 2025. The improvement in EBITDA was largely driven by higher net sales,
further supported by higher realized metal prices and sale of concentrate.




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Net Income/(Loss)


The Company reported net income of US$163 million in Q1 2026, with a 20% margin, compared
to a net loss of US$138 million in Q1 2025. The significant improvement in profitability reflects the
same factors outlined above.

Capital Expenditure


Total capital expenditure declined 68% YoY, from US$360 million in Q1 2025 to US$114 million in
Q1 2026, reflecting the progress and near completion of major expansion projects.


Debt


As of March 31, 2026, total debt stood at US$6,476 million, representing a 1% increase from
December 31, 2025. With consolidated cash and cash equivalents of US$815 million, net debt
totaled US$5,662 million. The Company’s debt maturity profile is strategically structured to support
its expansion plans, featuring a back-ended repayment schedule that underpins long-term growth.


                                                          Outstanding balance
                                                                (US$ millions)
                      Working capital loan                                 237
                      Term loan                                          6,240
                        Short-term portion                                 153
                        Long-term portion                                6,087
                      Total debt                                         6,476
                      Cash and cash equivalents                            815
                      Total net debt                                     5,662
                      Total equity                                       5,581




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Elang Development Project Updates


JORC-compliant reserves and resources estimate as of 31 December 2024
                                                                   Grades             Contained
                                                  Total (Mt)                           Cu       Au
                                                               Cu (%)   Au (g/t)
                                                                                     (Blb)   (Moz)
    Stockpiles                                         254       0.32        0.11     1.78    0.92
    Phase 7                                              9       0.62       0.97      0.13    0.29
    Phase 8                                            442       0.38       0.36     3.70      5.11
    Batu Hijau total ore reserves                      705       0.36       0.28      5.61    6.32
    Batu Hijau total mineral resources5              2,052       0.24       0.10    10.85     6.70
    Elang total ore reserves                          2,526      0.32       0.33    17.78    26.44
    Elang total mineral resources5                    1,294      0.26       0.21     7.35     8.66

The 2025 Feasibility Study (“FS”) for Elang has been completed. The Elang mine will utilize existing
Batu Hijau infrastructure, including mineral processing plants, power facilities, the Benete port and
jetties, smelter, and the primary access road (“PAR”) connecting Benete to the Batu Hijau pit.


Ore from the Elang coarse ore stockpile will be transported to Batu Hijau processing plants via
a 54 km overland conveyor (“OLC”) system. The PAR will be extended to Elang to serve as the
main logistics route for equipment, materials, and the workforce from the port, as well as to provide
construction and maintenance access for the OLC and high-voltage transmission line.


While the 2025 FS has been finalized, revisions and optimization study are ongoing, including the
relocation of the primary crushing station based on geotechnical assessment, redesign of
sediment control ponds and PAR to reduce construction costs, and waste dump optimization to
lower mining costs.




5
    Mineral resources exclusive of ore reserves




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Company Outlook


Our FY 2026 mining guidance remains unchanged. We expect to produce 900,000 dmt of
concentrate, containing 485 Mlbs (equivalent to 220,000 tonnes) of copper and 579,000 oz of
gold. Of the total concentrate production, approximately 500,000 dmt of concentrate is expected
from the existing mill, with the remaining 400,000 dmt from the new mill, subject to the
commissioning progress. As with any new facility ramp-up, this carries inherent execution risk.


Smelter ramp-up continued to improve following the completion of the repair in Q4 2025. AMMAN
remains committed to complying with the government’s mineral downstreaming policy as the
concentrate export permit comes to an end this April. The company’s current focus is on ensuring
that production increases are delivered gradually and safely, in full compliance with applicable
regulations, supported by rigorous operational oversight and ongoing coordination with the
government.


As a result, we expect some variability in our concentrate production profile as we balance
concentrate output with smelter ramp‑up. Ensuring stable smelter utilization remains the priority,
which may influence timing of concentrate inventory and sales.


At this stage, we are not providing FY 2026 production guidance for copper cathode and refined
gold, as our priority remains achieving stable and sustainable smelter performance.


 Production guidance                                                                      FY 2026
 Mining operations
 Copper production in concentrate (million pounds)                                             485
 Copper production in concentrate (tonnes)                                                220,000
 Gold production in concentrate (ounces)                                                   579,000
 Concentrate production (dry metric tonnes)                                               900,000


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


                                                ###




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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




                                                                                                       8
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Additional Information


Expansion Projects


Smelter


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 are constructing a 450 MW CCPP along with supporting LNG facilities,
reaffirming our commitment to reducing environmental impact. The commissioning of these
facilities will occur in stages. We received the first LNG cargo from Pertamina in September 2025.
The regasification plant is now operational. 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 are also expanding our processing plant to increase its input capacity to 85 million tons per
year, more than doubling our current capacity. 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 for first ore to mills in July 2026.




                                                                                                      9
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Attachments

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

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

                                                             31 Maret/          31 Desember/
                                              Catatan/       March 31,          December 31,
                                               Notes           2026                 2025

 ASET                                                                                                                                  ASSETS

 ASET LANCAR                                                                                                         CURRENT ASSETS
 Kas dan setara kas                               4                814,571             676,829                  Cash and cash equivalents
 Kas yang dibatasi penggunaannya
    - bagian lancar                               5                205,409             269,444          Restricted cash - current portion
 Piutang usaha                                    6                468,702             610,721                         Trade receivables
 Aset derivatif - bagian lancar                   18                 8,256               6,368         Derivative assets - current portion
 Persediaan, bersih                               7                621,106             510,794                            Inventories, net
 Stockpiles - bagian lancar                       7                561,375             535,176                Stockpiles - current portion
 Pajak penghasilan dibayar dimuka                 8a                64,111              60,516                       Prepaid income tax
 Piutang pajak lainnya                            8a               339,143             422,556                      Other tax receivables
 Biaya dibayar dimuka dan                                                                                              Prepayments and
    aset lancar lainnya                                                                                           other current assets
    - Pihak ketiga                                13                   69,270            59,999                         Third parties -

 Jumlah Aset Lancar                                              3,151,943           3,152,403                        Total Current Assets

 ASET TIDAK LANCAR                                                                                            NON-CURRENT ASSETS
 Kas yang dibatasi penggunaannya                                                                                         Restricted cash
    - bagian tidak lancar                         5                218,645             167,563                   - non-current portion
 Aset derivatif                                                                                                         Derivative assets
    - bagian tidak lancar                         18                 3,244               4,645                   - non-current portion
 Stockpiles - bagian tidak lancar                 7              1,434,980             991,717           Stockpiles - non-current portion
 Piutang pajak penghasilan                        8a                12,780              12,780                     Income tax receivable
 Aset pajak tangguhan, bersih                     8d                    22                 836                   Deferred tax assets, net
 Aset tetap, bersih                               9              5,629,425           5,634,565        Property, plant and equipment, net
 Properti pertambangan, bersih                    10               154,396             177,745                     Mining properties, net
 Biaya pengupasan lapisan tanah
    yang ditangguhkan, bersih                     11             2,994,495           3,322,167                Deferred stripping costs, net
 Investasi jangka panjang                         12               264,419             262,448                     Long term investments
 Goodwill                                         14                47,712              47,712                                    Goodwill
 Aset tidak lancar lainnya                                                                                      Other non-current assets
    - Pihak ketiga                               13                    91,959            90,019                          Third parties -
    - Pihak berelasi                            13,28                   6,048             6,048                       Related parties -

 Jumlah Aset Tidak Lancar                                      10,858,125          10,718,245                  Total Non-Current Assets

 JUMLAH ASET                                                   14,010,068          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
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                                          PT AMMAN MINERAL INTERNASIONAL TBK
                                          DAN ENTITAS ANAK/AND ITS SUBSIDIARIES

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

                                                            31 Maret/          31 Desember/
                                             Catatan/       March 31,          December 31,
                                              Notes           2026                 2025

LIABILITAS DAN EKUITAS                                                                                      LIABILITIES AND EQUITY

LIABILITAS                                                                                                                       LIABILITIES

LIABILITAS JANGKA PENDEK                                                                                      CURRENT LIABILITIES
Pinjaman bank jangka pendek                      16               236,825             386,866                   Short term bank loans
                                                                                                                   Trade payables and
Utang usaha dan beban akrual                                                                                      accrued expenses
   - Pihak ketiga                               15                563,019             584,913                           Third parties -
   - Pihak berelasi                            15,28                4,203               1,688                          Related party -
Utang pajak penghasilan                         8b                  2,123                 356                       Income tax payable
Utang pajak lainnya                             8b                 10,556              27,600                        Other tax payables
Liabilitas reklamasi dan penutupan                                                                    Reclamation and closure liabilities
   tambang - bagian lancar                       19                   19,297            22,620                       - current portion
Liabilitas derivatif                                                                                                 Derivative liabilities
   - bagian lancar                               18                   31,439            23,285                       - current portion
Pinjaman bank jangka panjang                                                                                     Long term bank loans
   - bagian lancar                               17               152,722             164,901                    - current maturities
Liabilitas jangka pendek lainnya                                                                                Other current liabilities
   - Pihak ketiga                                                 171,875             187,500                            Third party -
   - Pihak berelasi                            21,28               10,225              10,208                       Related parties -

Jumlah Liabilitas Jangka Pendek                                 1,202,284           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                        6,086,844           5,880,598              - net of current maturities
Liabilitas reklamasi dan penutupan                                                                    Reclamation and closure liabilities
   tambang - bagian tidak lancar      19                          423,202             416,791                   - non-current portion
Liabilitas imbalan kerja              20                            9,227               8,810                Employee benefit liabilities
Liabilitas pajak tangguhan, bersih    8d                          476,219             460,270                 Deferred tax liabilities, net
Liabilitas derivatif                                                                                                 Derivative liabilities
   - bagian tidak lancar              18                              65,405            58,658                  - non-current portion
Liabilitas jangka panjang lainnya                                                                            Other non-current liabilities
   - Pihak ketiga                                                 134,672             171,875                            Third party -
   - Pihak berelasi                  21,28                         30,955              32,597                        Related parties -

Jumlah Liabilitas Jangka Panjang                                7,226,524           7,029,599             Total Non-Current Liabilities

JUMLAH LIABILITAS                                               8,428,808           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
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                                          PT AMMAN MINERAL INTERNASIONAL TBK
                                          DAN ENTITAS ANAK/AND ITS SUBSIDIARIES

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

                                                            31 Maret/           31 Desember/
                                             Catatan/       March 31,           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                                                  (59,380)             (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                                                    (4,381)            (4,215)               of financial statements
Saldo laba                                                                                                             Retained earnings
  Dicadangkan                                   22c                   300                  300                           Appropriated
  Belum dicadangkan                                             3,488,946            3,328,777                         Unappropriated

Jumlah Ekuitas yang Dapat
  Diatribusikan kepada Pemilik                                                                            Total Equity Attributable to
  Entitas Induk                                                 5,486,174            5,338,096          Owners of the Parent Entity

Kepentingan nonpengendali                        23                   95,086             93,016                    Non-controlling interests

JUMLAH EKUITAS                                                  5,581,260            5,431,112                               TOTAL EQUITY

JUMLAH LIABILITAS DAN EKUITAS                                 14,010,068           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
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                                         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 Tiga Bulan yang Berakhir                                                For the Three-month Periods Ended
31 Maret 2026 dan 2025                                                                                   March 31, 2026 and 2025
(Disajikan dalam Ribuan Dolar Amerika Serikat,                                     (Expressed in Thousands of United States Dollars,
Kecuali Dinyatakan Lain)                                                                                  Unless Otherwise Stated)

                                            Catatan/            31 Maret/March 31,
                                             Notes             2026          2025

PENJUALAN BERSIH                                24               807,912                  2,124                                    NET SALES

BEBAN POKOK PENJUALAN                           25              (465,566)               (59,514) COSTS APPLICABLE TO SALES

LABA/(RUGI) KOTOR                                                342,346                (57,390)                  GROSS PROFIT/(LOSS)

BEBAN OPERASIONAL                                                                                              OPERATING EXPENSES
  Beban akresi                                  19                    (6,411)            (6,362)                   Accretion expenses
  Beban eksplorasi                                                    (4,607)            (5,398)                 Exploration expenses
  Beban pemasaran, umum                                                                                        Marketing, general and
    dan administrasi                            26                   (16,909)           (33,592)            administrative expenses

Jumlah Beban Operasional                                             (27,927)           (45,352)               Total Operating Expenses

LABA/(RUGI) OPERASIONAL                                          314,419              (102,742)            OPERATING PROFIT/(LOSS)

PENDAPATAN/(BEBAN) LAIN                                                                                  OTHER INCOME/(EXPENSES)
  Bagian laba dari entitas asosiasi                                                                       Share in profit of associate
    dan ventura bersama                        12                  7,089                  3,334                and joint ventures
  Beban keuangan                            16,17,21            (126,619)               (82,073)                       Finance costs
  Pendapatan lainnya, bersih                                      23,708                  6,547                    Other income, net

Jumlah Beban Lain, Bersih                                            (95,822)           (72,192)              Total Other Expenses, Net

LABA/(RUGI) SEBELUM PAJAK                                        218,597              (174,934)           PROFIT/(LOSS) BEFORE TAX

(BEBAN)/MANFAAT PAJAK                                                                                                     INCOME TAX
  PENGHASILAN                                   8c                   (41,194)            37,304                   (EXPENSE)/BENEFIT

LABA/(RUGI) PERIODE BERJALAN                                                                    PROFIT/(LOSS) FOR THE PERIOD
  SEBELUM PENERIMAAN                                                                                      BEFORE NON-TAX
  NEGARA BUKAN PAJAK                                             177,403              (137,630)     GOVERNMENT REVENUE

Penerimaan negara bukan pajak                   15                   (14,798)                    -           Non-tax government revenue

LABA/(RUGI) PERIODE BERJALAN                                     162,605              (137,630) PROFIT/(LOSS) FOR THE PERIOD




     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 Tiga Bulan yang Berakhir                                                For the Three-month Periods Ended
31 Maret 2026 dan 2025                                                                                   March 31, 2026 and 2025
(Disajikan dalam Ribuan Dolar Amerika Serikat,                                     (Expressed in Thousands of United States Dollars,
Kecuali Dinyatakan Lain)                                                                                  Unless Otherwise Stated)

                                            Catatan/            31 Maret/March 31,
                                             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                   (14,414)           (50,966)                Derivative transactions
  Pajak sehubungan dengan                                                                                       Related income tax on
     transaksi derivatif                        8d                    3,171              11,212              derivative transactions
  Bagian penyesuaian translasi                                                                                     Share in translation
     dari entitas asosiasi                      12                    (1,048)                277            adjustment of associate

Jumlah Rugi Komprehensif                                                                                    Total Other Comprehensive
  Lain, Setelah Pajak                                                (12,291)           (39,477)                    Loss, Net of Tax

JUMLAH PENGHASILAN/(RUGI)                                                                                      TOTAL COMPREHENSIVE
  KOMPREHENSIF                                                                                                      INCOME/(LOSS)
  PERIODE BERJALAN                                               150,314              (177,107)                    FOR THE PERIOD

JUMLAH LABA/(RUGI) PERIODE
  BERJALAN YANG DAPAT                                                                           TOTAL PROFIT/(LOSS) FOR THE
  DIATRIBUSIKAN KEPADA:                                                                          PERIOD ATTRIBUTABLE TO:
  Pemilik entitas induk                                          160,169              (138,763)     Owners of the parent entity
  Kepentingan nonpengendali                                        2,436                 1,133        Non-controlling interests

                                                                 162,605              (137,630)

JUMLAH PENGHASILAN/(RUGI)
  KOMPREHENSIF PERIODE                                                                                     TOTAL COMPREHENSIVE
  BERJALAN YANG DAPAT                                                                                   INCOME/(LOSS) FOR THE
  DIATRIBUSIKAN KEPADA:                                                                               PERIOD ATTRIBUTABLE TO:
  Pemilik entitas induk                                          148,244              (178,338)          Owners of the parent entity
  Kepentingan nonpengendali                     23                 2,070                 1,231             Non-controlling interests

                                                                 150,314              (177,107)

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               0.00221             (0.00191)                     (full amount)




     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 Tiga Bulan yang Berakhir                                              For the Three-month Periods Ended
31 Maret 2026 dan 2025                                                                                 March 31, 2026 and 2025
(Disajikan dalam Ribuan Dolar Amerika Serikat,                                   (Expressed in Thousands of United States Dollars,
Kecuali Dinyatakan Lain)                                                                                Unless Otherwise Stated)

                                            Catatan/            31 Maret/March 31,
                                             Notes             2026          2025

ARUS KAS DARI                                                                                                    CASH FLOWS FROM
  AKTIVITAS OPERASI                                                                                       OPERATING ACTIVITIES
Penerimaan dari pelanggan       6,21,24,25                       949,139               250,345                Receipts from customers
Pembayaran kepada pemasok                                       (574,545)             (412,401)                  Payments to suppliers
Pembayaran royalti, pajak dan                                                                           Payments of royalties, taxes and
  penerimaan negara bukan pajak                                  (77,029)               (48,054)        non-tax government revenue
Pembayaran beban keuangan        16,17,21                       (104,061)               (72,063)             Payments of finance costs

Kas bersih diperoleh dari/                                                                                                      Net cash
  (digunakan untuk)                                                                                              provided by/(used in)
  aktivitas operasi                                              193,504              (282,173)                    operating activities

ARUS KAS DARI                                                                                                      CASH FLOWS FROM
  AKTIVITAS INVESTASI                                                                                       INVESTING ACTIVITIES
                                                                                                                           Acquisitions of
Perolehan aset tetap                          9,31                   (91,527)         (338,930)         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                    (2,501)            (2,631)                     mining properties

Kas digunakan untuk
  aktivitas investasi                                           (114,028)             (359,561) Cash used in investing activities

ARUS KAS DARI                                                                                                       CASH FLOWS FROM
  AKTIVITAS PENDANAAN                                                                                         FINANCING ACTIVITIES
Penerimaan dari pinjaman                                                                                                   Proceeds from
  bank jangka pendek                            16                         -             31,719                  short term bank loans
Pembayaran untuk pinjaman                                                                                                  Repayments of
  bank jangka pendek                            16                   (31,718)           (50,194)                 short term bank loans
Penerimaan dari pinjaman                                                                                                   Proceeds from
  bank jangka panjang                           17               209,855               867,801                    long term bank loans
Pembayaran untuk pinjaman                                                                                                  Repayments of
  bank jangka panjang                           17              (125,858)                   (999)                 long term bank loans
Perubahan pada kas yang
  dibatasi penggunaannya                        5                    12,953             (74,309)                Changes in restricted cash

Kas bersih diperoleh dari                                                                                             Net cash provided by
  aktivitas pendanaan                                                65,232            774,018                       financing activities

KENAIKAN BERSIH                                                                                              NET INCREASE IN CASH
  KAS DAN SETARA KAS                                             144,708               132,284            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                                                     (6,966)           (18,548)                exchange rate changes

KAS DAN SETARA KAS                                                                                  CASH AND CASH EQUIVALENTS
  PADA AKHIR PERIODE                                             814,571               868,016       AT THE END OF THE PERIOD

     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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