PT Archi Indonesia Tbk Stock

PT Archi Indonesia Tbk is an Indonesia-based pure-play gold producer in Indonesia and Southeast Asia. The Company operates through three segments. The Company’s Gold Mining business segment is carried out by its two wholly owned subsidiaries, PT Meares Soputan Mining and PT Tambang Tondano Nusajaya, which both companies are the holders of Contract of Works with mining area concession of 39,817 hectares in the province of North Sulawesi. Trading and Gold Processing segment is conducted by its subsidiary, PT Elang Mulia Abadi Sempurna, which is focused on the downstream sector through the processing and sales of gold minted bars to retail consumers. Other business segment oversees mining support services, such as management consulting services, investment, mining contractor services, and others. Its subsidiary, PT Karya Kreasi Mulia (KKM), provides mining support and management services, including taxation, legal, human resources and others, to all businesses within the Company.