PT Samindo Resources Tbk ( MYOH ) is targeting an increase in overburden removal (OB) volume performance this year. MYOH Head of Investor Relations Ahmad Zaki Natsir revealed, the volume of overburden removal is projected to increase compared to 2022. "The target for overburden is 35 million bcm. Compared to last year's realization (there is) an increase," Zaki told Kontan.co.id, Tuesday (10/1).
Even Zaki has not been able to detail further the estimated performance both financial and production for 2022. Kontan noted, MYOH's revenue in the third quarter of 2022 was US$ 103.89 million. This number decreased by 13.53% compared to revenue for the January-September 2021 period which reached US$ 120.15 million.
From the results of this income, MYOH pocketed profit attributable to owners of the parent entity alias net profit of US$ 9.89 million in January-September 2022, down 53.38% compared to the January-September 2021 realization of US$ 21.23 million .
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Source Link: https://industri.kontan.co.id/news/samindo-resources-myoh-incar-volume-overburden-removal-35-juta-bcm
