REPUBLIKA.CO.ID, JAKARTA -- The Indonesian Resources Studies (IRESS) has appreciated the performance of PT Inalum during the April-December 2014 period as the company was able to double its profit from that the previous fiscal year.

"The increase in net profit of PT Inalum indicates that Indonesians in the company improved its management," Executive Director of IRESS Marwan Batubara said in a written statement here on Tuesday.

The improvement in Inalum's performance is reflected in its production of tin ingot, which reached 199,692 tons, recording a 4.1 percent increase from the 190,363 tons produced in the corresponding period in 2013, he pointed out.

Batubara added that Inalum's success was no easy feat, considering the performance of managers of the company. This means that Inalum made a series of fundamental improvements that enabled the company to earn a significant net profit.

"Of course, it is expected that it will be able to increase it further in the future," Batubara remarked.

He also hopes that the firm does not remain complacent with this achievement.

In future, Inalum should implement the improvements and developments it has been planning. It must raise the capacity of its generators and improve its aging smelters.

"It should improve and renovate infrastructure and equipment to support the company's performance ahead," Batubara emphasized.

Moreover, he admitted that he did not believe earlier whether the company would able to make improvements because it was difficult to earn high profits when it was still managed by Japan.

"I believe the government should reevaluate the last management to identify reasons for why the profit in the past did reach this level," he noted.

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