ANTM sales booked 40.5% of growth to IDR 38.5 trillion in 2021. Gold products was the largest contributor at IDR 25.9 trillion or 67% of the Company’s total sales. Meanwhile, net profit grew 62% to IDR 1.9 trillion. NHKSI Research sees the increase of commodity prices in 2021 was a positive sentiment. However we believe ANTM still has a positive long-term forecast.
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