PT Aneka Tambang (ANTM.JK), an Indonesian nickel and gold miner,reported the company’s 2009 net profit fell 59 percent to 559 billion rupiah ($59.8 million), hit by lower nickel prices and ferronickel sales.
The press release is quoted as saying:
Net profit for January-December dropped to 559 billion rupiah, down from 1.368 trillion rupiah in the same period last year and Revenue fell by 9.5 percent to 8.68 trillion rupiah, against 9.59 trillion rupiah in 2008.
