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Pt Cita Mineral Investindo Tbk (Indonesia)

Main Activities: Other Metal Ore Mining
Full name: Pt Cita Mineral Investindo 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 Cita Mineral Investindo Tbk is an Indonesia-based company located in Jakarta. It was established in 1992 as PT Cipta Panel Utama and listed its shares on the Bursa Efek Indonesia in 2002. In 2005, the company entered the bauxite mining sector through an investment in PT Harita Prima Abadi Mineral. In 2007, the company changed its name to PT Cita Mineral Investindo Tbk. The company's main business activities, according to its Articles of Association, are mining and quarrying metal ore. It is one of the largest bauxite producers in Indonesia and operates mining concessions in Ketapang, West Kalimantan. The company produces Metallurgical Grade Bauxite (MGB) and Smelter Grade Alumina (SGA) through its associate entity PT Well Harvest Winning Alumina Refinery. PT Cita Mineral Investindo Tbk aims to increase its production capacity of bauxite and SGA to become the leading producer of bauxite and alumina in Indonesia. The company is committed to good governance and compliance with regulations. It aims to be a strategic partner of the Indonesian government and provide maximum contribution to all stakeholders.

Headquarters
Gedung Bank Panin, Lantai 2, Jln Jend Sudirman Senayan Gelora Tanah Abang
Jakarta; Jakarta; Postal Code: 10270

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Website: http://www.citamineral.com/?lang=en

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
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
Ownership Details
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60.64%
Subsidiaries
Pt Harita Prima Abadi Mineral (Hpam)
99.99%
Pt Karya Utama Tambangjaya (Kutj)
99.99%
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
-15.68%
Total operating revenue
-6.32%
Operating profit (EBIT)
-2.49%
EBITDA
-3.95%
Net Profit (Loss) for the Period
-5.61%
Total assets
30.06%
Total equity
28.6%
Operating Profit Margin (ROS)
2.41%
Net Profit Margin
1.43%
Return on Equity (ROE)
-2.87%
Debt to Equity Ratio
4.82%
Quick Ratio
-0.05%
Cash Ratio
0.02%

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