State-owned tin producer Timah (TINS), one of the world’s largest producers of tin, booked a net profit of Rp54.6 billion in the first quarter (Q1) ended March 31, 2018, declined 17.2% from Rp65.9 billion in the corresponding period of last year. Revenues only declined 0.6% to Rp2.03 trillion, but operating profit fell 18.3% to Rp112.6 billion from Rp137.9 billion.To subscribe please click here