ADRO - Achieves USD470.91 mn revenue in 1Q26

ADRO - Achieves USD470.91 mn revenue in 1Q26 Alamtri Resources Indonesia (ADRO) posted strong 1Q26 financial results, with revenue rising +23.40% yoy to USD470.91 mn from USD381.62 mn, fueled by mining segment growth (33.97% yoy to USD266.46 mn), mining services (15.30% yoy to USD229.46 mn), and other income (0.71% yoy to USD14.17 mn). Despite a 7.77% yoy increase in cost of revenue to USD292.35 mn, gross profit surged 61.83% yoy to USD178.56 mn, pre-tax profit climbed 70.28% yoy to USD180.31 mn thanks to joint venture gains soaring 939.09% yoy, and net profit attributable to owners jumped 67.07% yoy to USD128.14 mn. (Source : Kontan)