Lucky Cement Indonesia Rp 2.58 T in 6 Months, Up 23%

State-owned cement holding Indonesia Tbk, PT Semen successfully obtained a net profit of Rp 2.58 trillion in the first half of 2013. This profit rose 22.9% over the same period last year.

Semen Indonesia President Director Dwi Soetjipto said net profit was supported by the 31.9% increase in revenue to Rp 11.4 trillion. From the same period last year to Rp 8.6 trillion.

The income supported a total cement sales volume stood at 12.23 million tons, an increase of 18.3% over the same period last year amounted to 10.32 million tonnes, which consists of domestic sales volume amounted to 12.14 million tons (an increase of 18 %) and export sales of 0.09 million tonnes (up 170%).

While the national cement sales volumes (industry) grew 7.5% to 27.83 million tonnes compared to the previous period, which stood at 25.89 million tonnes.

“The increase in sales is outpacing the growth of the Indonesian Cement industry plant operations supported by Tonasa Tuban IV and V and the solid synergies, especially in the field of marketing and distribution in Indonesia Cement Group, so we were able domestic market share increased to 43.6% from last year’s 40 , 9%. We will continue to expand the market from year to year, “Dwi said in a press release on Monday (07/29/2013).

Most of the company’s revenue comes from the domestic market amounted to Rp 10.91 trillion, equivalent to 95.53% of total revenue in the first half of this year, an increase of 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. Markets in Java contributed revenue of Rp 5.72 trillion (52.43% of total domestic sales), while consumers outside of Java contribute to 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 same period last year of Rp 30.34 billion.

Indonesian Cement Net Profit Rises 22.9% First Half

JAKARTA – PT Semen Indonesia (Persero) Tbk recorded a growth of solid financial performance in the first half of 2013. Recorded a net profit of Rp 2.58 trillion or Rp 436 per share. The net income increased 22.9% from the same period in 2012.

In his press conference, Wednesday (31/7), Indonesian Cement said net profit growth is in line with the achievement of revenue of Rp 11.4 trillion. First half revenues increased 31.9% over the same period last year of Rp 8.6 trillion.

Total revenue was supported by the cement sales volume recorded 12.23 million tons, an increase of 18.3% over the same period last year amounted to 10.32 million tons. Consisted of domestic sales volume amounted to 12.14 million tonnes (up 18%) and export sales of 0.09 million tonnes (up 170%).

Meanwhile, the national cement sales volumes (industry) grew 7.5% to 27.83 million tonnes compared to the previous period of record 25.89 million tonnes.

Dwi Soetjipto, President Director of Semen Indonesia, said Indonesia’s cement sales growth outpacing industry growth supported the operation of plant Tonasa Tuban IV and V. Support was also obtained from the solid synergies, particularly in the areas of marketing and distribution in the Indonesian Cement Group.

“It makes us capable domestic market share increased to 43.6% from 40.9% last year. We will continue to expand the market from year to year, “said Dwi.