State miner Aneka Tambang (ANTM) booked a net profit of Rp193.8 billion in 2019, dropping significantly from Rp1.63 trillion in 2018, due to higher costs and the absence of a gain on acquisition. Its Ebitda was Rp2.3 trillion. In 2018, Aneka Tambang recorded Rp2.2 trillion gain on acquisition over PT Indonesia Chemical Alumina (PT ICA).

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