Ancora Indonesia Resources Tbk 2023 AR2
The report highlights PT Ancora Indonesia Resources Tbk's financial and operational performance for the fiscal year 2023. The company achieved consolidated net sales of US$185.09 million, representing a 16.92% increase compared to 2022, driven by strong performance in its mining chemicals and drilling services subsidiaries. Key strategic milestones included the formation of the PT Kemitraan MNK BME joint venture to expand blasting services and the completion of drilling activities for the JORC report at its gold mining subsidiary, PT Indotan Lombok Barat Bangkit. The company also improved its financial position, reducing its debt-to-asset ratio to 77.33% and increasing total equity to US$41.73 million.
Company: Ancora Indonesia Resources Tbk
Sector: Mining & quarrying
Country: Indonesia
Year: 2023
Type: AR2
Pages: 375
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Ancora Indonesia Resources Tbk
Annual Report
The report highlights PT Ancora Indonesia Resources Tbk's financial and operational performance for the fiscal year 2023. The company achieved consolidated net sales of US$185.09 million, representing a 16.92% increase compared to 2022, driven by strong performance in its mining chemicals and drilling services subsidiaries. Key strategic milestones included the formation of the PT Kemitraan MNK BME joint venture to expand blasting services and the completion of drilling activities for the JORC report at its gold mining subsidiary, PT Indotan Lombok Barat Bangkit. The company also improved its financial position, reducing its debt-to-asset ratio to 77.33% and increasing total equity to US$41.73 million.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees