
7 December 2023
Company Report | [INCO] Revenue Rises Despite Continued Nickel Price Pressure
Vale Indonesia Tbk. (INCO) reported a 10.9% YoY increase in revenue (IDR 14.2 trillion vs IDR 12.8 trillion) in 9M23 despite a 6% YoY decline in average selling price from USD19,703 per ton to USD18,596 per ton.