Key insights and market outlook
PT Merdeka Copper Gold Tbk (MDKA) reported revenue of US$ 1.28 billion for Q3 2025, representing a 22.81% decrease from the same period last year. Despite the revenue decline, the company recorded a significant reduction in net loss compared to the previous year. The cost of revenue also decreased to US$ 1.12 billion from US$ 1.55 billion, resulting in gross profit increasing to US$ 166.05 million from US$ 118.16 million in the same period last year.
PT Merdeka Copper Gold Tbk (MDKA) has released its financial results for the third quarter of 2025, showing a mixed performance. The company reported revenue of US$ 1.28 billion, representing a 22.81% decrease from US$ 1.66 billion in the same period last year. Despite this decline, MDKA managed to reduce its net loss compared to the previous year, indicating improved financial stability.
The cost of revenue decreased to US$ 1.12 billion from US$ 1.55 billion in the same period last year, contributing to an increase in gross profit to US$ 166.05 million from US$ 118.16 million. Operating profit also showed improvement, rising to US$ 121.83 million from US$ 78.78 million in the same period last year.
The financial results indicate that while MDKA faced challenges in maintaining revenue levels, the company successfully implemented cost management strategies that led to improved profitability. This performance suggests that MDKA is on track to navigate current market conditions effectively.
Q3 2025 Earnings Report
Revenue Decline
Improved Profitability