Indonesian Cement Still Rely Domestic Sales

JAKARTA – PT Semen Indonesia (Persero) Tbk said, most of the company’s revenue in the first semester of 2013 was derived from the domestic market. First half of the company’s revenue reached Rp 10.91 trillion, equivalent to 95.53% of total revenue in the first half of this year.

Dwi Soetjipto, President Director of Semen Indonesia, said that the value of domestic sales increased by 26.42% compared to sales in the same period last year of Rp 8.63 trillion.

Of the domestic market, the composition of the Indonesian Cement revenues derived from customers in Java and outside Java almost equal. Java market contributed revenue of Rp 5.72 trillion or 52.43% of total domestic sales. Meanwhile, consumers outside of Java contribute to the revenue of Rp 5.19 trillion or 47.57% of total domestic sales.

In addition to maintaining dominance in the domestic market, Indonesian Cement continues to boost sales to foreign markets, especially countries in Southeast Asia. From January to June this year, Indonesian Cement has achieved record revenues in foreign markets amounted to Rp 511.64 billion.

“This number jumped nearly 170% compared to overseas sales in the first half of last year is only Rp 30.34 billion,” said Dwi