Strong Performance Continued
(WorldNews Indonesia)

17 May 2018 09:19 ITM mainteined its strong financial performance. PT Indo Tambangraya Megah Tbk. (ITM) maintained its strong financial performance in the first quarter of 2018. The Company recorded a slight increase in net income compared with net incomes in the first quarter last year. This strong financial performance was achieved despite the lower production caused by an extreme rainfall. Net income was booked at USD 58 million in the first quarter of 2018 versus USD 57 million in the same period last year. Average selling price in the first quarter was at USD 83.6 per ton, rose by 24% from USD 67.5...