ANTM – Aims to receive shareholder loan for capex funding

Aneka Tambang (ANTM) will obtain a loan from MIND ID to fulfill the company's estimated capital expenditure, which is projected to reach IDR14 tn. The capital expenditure is planned to be used by the company to downstream the company's commodities. In 2022 alone, the company managed to record a net profit of IDR3.82 tn or shot up 105% compared to the previous year. The company's EBITDA increased by 29% to IDR7.35 tn and the company's revenue also managed to increase by 19% to IDR45.93 tn. (Source : Investor Daily)