PT Timah (TINS) Kicks Off 2026 with Profit Surging Over 100%

PT Timah Tbk (TINS) kicked off its 2026 fiscal year performance by posting profit growth of over 100%, driven by the upward trend in tin commodity prices.

The Director of Production and Commercial at TINS, Ilhamsyah Mahendra, stated that while tin prices are still fluctuating, the recent direction of movement has shown a strengthening trend.

Inevitably, this condition has had a direct impact on increasing sales, operational performance, and TINS's net profit in January 2026. Regarding sales and operating performance, Ilham mentioned that the company's achievements in January 2026 have exceeded targets.

“The rise in commodity prices also drove significant net profit growth in January, over 100% of what we had planned,” Ilhamsyah said in an official statement on Friday (Feb 27, 2026).

Referring to Trading Economics data, the tin commodity price stood at USD 53,698 per ton, up USD 3,398 or equivalent to 6.75% daily and 15.33% over the past week. Tin prices are projected to end at a level of USD 46,206 by the end of the first quarter of this year.

Tin Price Estimates according to TINS

Ilham expects global tin price movements to range between USD 45,000–48,000 per ton until the first quarter of 2026. This will serve as a major catalyst for the strengthening of TINS's performance.

Although analysts predict that prices will continue to fluctuate, Ilham noted that this positive momentum must be maximized. This is because the strengthening of tin prices is inseparable from global fundamental factors.

“Demand from technology sectors such as Artificial Intelligence (AI), semiconductors, and data center construction has increased rapidly in the last two years,” Ilham explained.

On the other hand, supply growth has remained relatively stagnant, creating a deficit between demand and supply. This situation has triggered a significant increase in tin prices on the global market while simultaneously boosting the performance of TINS as a tin producer.

“So the demand deficit is growing quite rapidly, while the supply is somewhat stagnant. This has become one of the key drivers for prices growing quite significantly,” Ilham clarified.

This year, the member of the State-Owned Mining Industry Holding (MIND ID) targets a production of 30,000 metric tons. In this context, Ilham revealed that TINS will take aggressive steps ranging from technology optimization and efficiency improvements to strengthening internal and external collaboration.

"We are quite optimistic because, in addition to the positive price trend, internal consolidation and communication with stakeholders—especially regarding regulation—is much better, so all sides are supporting the operational performance of PT Timah," he concluded.

Source: https://investor.id/market/430069/pt-timah-tins-awali-2026-dengan-laba-tumbuh-di-atas-100

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