Jakarta,- Alamtri Resources Indonesia (ADRO) subsidiary, PT Adaro Minerals Indonesia Tbk. (ADMR) recorded an increase in operating revenue, but with a decrease in net profit throughout 2024. ADMR recorded a net profit of US$436.6 million or equivalent to Rp7.23 trillion (Jisdor exchange rate of Rp16,575 per US dollar on February 28, 2025).

ADMR recorded operating revenues of US$1.15 billion or equivalent to Rp19.13 trillion throughout 2024. This operating revenue increased 6.28% annually from US$1.08 billion in 2023. 

This revenue was driven by sales of mining products to related parties amounting to US$453.68 million, and other services to related parties amounting to US$845,044. Then sales of mining products to third parties amounting to US$699.6 million.

ADMR also recorded an increase in cost of revenue of up to 14.65% to US$576.3 million, from the previous US$502.75 million in 2023.

ADMR's gross profit was recorded to have weakened by 0.93% to US$577.79 million, from the previous US$583.21 million. As a result, ADMR recorded a net profit of US$436.6 million or equivalent to Rp7.23 trillion throughout 2024. This net profit decreased by 0.99% from 2023 which was US$441.02 million. 

As of the end of 2024, ADMR recorded cash receipts from customers of US$1.24 billion, up from 2023 which was US$965.8 million.  

ADMR's total assets until the end of 2024 were recorded at US$2.07 billion, up from the end of 2023 which was US$1.69 billion.  

Then ADMR's total liabilities decreased from US$571.3 million in 2024, from previously US$657.37 million in 2023.  Meanwhile, ADMR's total equity fell to US$1.5 billion by the end of 2024, from US$1.03 billion in 2023.

Sources : www.djakarta-miningclub.com Mar 07.25