Balikpapan, July 31, 2024 - PT Aneka Tambang Tbk (ANTAM; IDX: ANTM; ASX: ATM), a member of PT Mineral Industri Indonesia (Persero) (MIND ID) - the State-Owned Enterprise of the Mining Industry, announced the Company’s received appreciation and being part of the constituent of the TEMPO-IDNFinancials52 Index in 2024. At the Appreciation Night held on July 26, 2024, ANTAM received four categories: Main Index, High Dividend, High Growth, and High Market Capitalization. The appreciation was given directly by Tempo Commissioner Mr. Bambang Harimurti during the TEMPO-IDNFinancials52 Index Issuer Appreciation Night held in Balikpapan, East Kalimantan.
ANTAM President Director, Nico Kanter said:
“ANTAM's inclusion in the TEMPO-IDNFinancials52 Index is an appreciation of the Company's commitment to contributing to optimal performance. Amid global geopolitical-economic challenges and commodity price volatility, ANTAM managed to maintain production and sales volumes at optimal levels with positive financial performance in the first six months period of 2024. We are thankful to TEMPO and IDNFinancials.com for acknowledging the Company. This will strongly motivate ANTAM to continue to record positive performance through the Company's operation activity that implements good mining practices and operation excellence while prioritizing sustainability.”
TEMPO-IDNFinancials52 Index consists of fifty-two listed companies on the Indonesia Stock Exchange (IDX), whose constituents were selected based on research and collection of financial statement data, which have stable and reliable financial performance. TEMPO and IDNFinancials thoroughly evaluated the main criteria: market capitalization, net profit growth, and average dividend yield. In addition, other supporting criteria in this index were assessed, such as average share transaction frequency, share transaction volume, number of shareholders with a minimum of 3,000 shareholders, and minimum free float of 7.5%.
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