JAKARTA – PT Samindo Resources Tbk (MYOH) aims to grow its net profit by 30.43% year-on-year (yoy) or USD 24 million in 2025.

In addition to profit, MYOH is also targeting revenue of USD 198 million, an increase of 10.8% yoy compared to the previous year's target.

Ahmad Zaki Natsir, MYOH's Corporate Secretary, stated that the company’s main strategy to achieve this target is the optimisation of heavy equipment productivity.

"Our primary focus is to ensure that heavy equipment operates at full capacity. This includes expediting the provision and identification of spare parts, employing skilled labour, and enforcing strict operational standards to prevent equipment from deteriorating quickly," he said in an official statement on Wednesday (12/3).

In addition, MYOH aims to maintain operational efficiency by ensuring that equipment operation adheres to mining standards, thus reducing the risk of damage and downtime.
Moreover, one of MYOH's strategies to expand its business scope and reduce dependence on a single sector is through business diversification.

On the production front, Zaki noted that relatively stable weather conditions since last year have helped achieve operational targets. "In fact, production volumes in the first two months of 2025 have already exceeded the set targets," he said.

Over the past five days, MYOH's share price has risen 3.84% from IDR 1,825 to IDR 1,895 per share. Meanwhile, in today’s trading session, Thursday (13/3), as of 9.34 PM WIB, MYOH's share price has dropped 0.26%. (DK/ZH)