SMBR's net profit rises 27% to IDR 224.7bn

Net profit of Indonesia's Semen Baturaja (SMBR) stood at IDR 224.70 billion (€13.82 million/US$15.67 million) during January-August 2015, a climb of 27% from the corresponding period of 2014. The main market of SMBR is Bengkulu, Jambi, Lampung and South Sumatra. In the cited period, the demand for cement in South Sumatra expanded 4% year-on-year.
September 23, 2015 Read time: 1 min

Net profit of Indonesia's 7704 Semen Baturaja (SMBR) stood at IDR 224.70 billion (€13.82 million/US$15.67 million) during January-August 2015, a climb of 27% from the corresponding period of 2014.

The main market of SMBR is Bengkulu, Jambi, Lampung and South Sumatra.

In the cited period, the demand for cement in South Sumatra expanded 4% year-on-year.

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Semen Baturaja reports sales of IDR 1.03tn

Zulfikri Subli, the company secretary of Semen Baturaja, is reported as saying that the cement producer has reported sales of IDR 1.03 trillion (€67.84 million/US$74.68 million) in the third-quarter of 2015, up 26.44% from the same quarter in 2014.

During the first nine months of 2015, total sales were at 1.087 million tonnes, up 27% from 853,089tonnes in the same period in 2014.

By end 2015, the company is aiming for sales of 1.5-1.75 million tonnes.

The increased sales have been attributed to sa

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