BRMS Swings to Quarterly Profit, Nine-Month Earnings Decline
PT Bumi Resources Minerals Tbk (BRMS) reported a net profit of US$11.01 million in the third quarter of 2026, reversing a net loss of US$4.78 million in the second quarter. This recovery was driven by increased production and gold grades from its Poboya mine in Palu, Central Sulawesi. However, cumulative net profit for the first nine months of 2026 decreased by 35.4% year-on-year to US$24.29 million.
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