KONTAN.CO.ID - JAKARTA. Bakrie Group's issuer, PT Bumi Resources Minerals Tbk (BRMS), reported a 301% increase in revenue, from US$ 11.6 million in 2022 to US$ 46.6 million in 2023. The average selling price of gold rose by 8% from US$ 1,795 per ounce in 2022 to $1,930 per ounce in 2023. BRMS's Director & Chief Investor Relations Officer, Herwin Hidayat, stated that gold production reached 23,270 ounces, representing a 330% increase from the 5,415 ounces produced in 2022. He explained that BRMS recorded a net profit of US$ 14.2 million in 2023, reflecting a 4% increase from the net profit of US$ 13.7 million in 2022.
Bumi Resources Minerals (BRMS) Revenue Soars 301% in 2023
KONTAN.CO.ID - JAKARTA. Bakrie Group's issuer, PT Bumi Resources Minerals Tbk (BRMS), reported a 301% increase in revenue, from US$ 11.6 million in 2022 to US$ 46.6 million in 2023. The average selling price of gold rose by 8% from US$ 1,795 per ounce in 2022 to $1,930 per ounce in 2023. BRMS's Director & Chief Investor Relations Officer, Herwin Hidayat, stated that gold production reached 23,270 ounces, representing a 330% increase from the 5,415 ounces produced in 2022. He explained that BRMS recorded a net profit of US$ 14.2 million in 2023, reflecting a 4% increase from the net profit of US$ 13.7 million in 2022.