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Pt Central Omega Resources Tbk (Indonesia)

Main Activities: Copper, Nickel, Lead, and Zinc Mining
Full name: Pt Central Omega Resources Tbk Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

PT Central Omega Resources Tbk is an Indonesia-based mining company that was founded in 1995. Since 2008, the company has been involved in mining nickel ore and began exporting it overseas in 2011. The company's nickel mines are located in Sulawesi, which has one of the largest laterite nickel reserves in the world. To comply with government regulations, the company plans to build a Ferro Nickel smelter in Northern Morowali, Central Sulawesi. This project is being carried out in cooperation with PT Macrolink Nickel Development to form a new company, PT COR Industri Indonesia. The company aims to become one of the major nickel companies in Indonesia and is focused on improving sustainable mining practices and increasing the value-added nickel ore mineral resources. The first phase of the smelter is scheduled to be operational by 2017, with a production capacity of 100,000 tons of NPI per year. PT Central Omega Resources Tbk is engaged in mining, mineral processing, and trading of mining resources through its subsidiaries, which hold active mining, processing, and export licenses.

Headquarters
Plaza Asia, 6Th Floor, Jl. Jendral Sudirman Kav, 59
Jakarta; Jakarta; Postal Code: 12190

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Website: http://www.centralomega.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1995
Key Executives
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President
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Secretary
Ownership Details
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34.54%
Subsidiaries
Pt Mulia Pasific Resources
99.99%
Pt Mega Buana Resources
99.6%
Pt Itamatra Nusantara (Imn)
99%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IDR. Absolute financial data is included in the purchased report.
Net sales revenue
-7.39%
Total operating revenue
-4.68%
Operating profit (EBIT)
-22.94%
EBITDA
-12.74%
Net Profit (Loss) for the Period
2.94%
Total assets
9.34%
Total equity
7.44%
Operating Profit Margin (ROS)
-2.9%
Net Profit Margin
0.79%
Return on Equity (ROE)
-0.4%
Debt to Equity Ratio
-8.47%
Quick Ratio
0.04%
Cash Ratio
-0.31%

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