Indonesia: Semen Baturaja reports sale growth of 29%

During the first eight months of 2015, Semen Baturaja has reported sales volume of 922,408tonnes, up from 714,863tonnes. Net sales were at IDR 880.1 billion (€54.22 million/US$61.25 million), a year-on-year growth of 29%.
September 25, 2015 Read time: 1 min

During the first eight months of 2015, 7704 Semen Baturaja has reported sales volume of 922,408tonnes, up from 714,863tonnes.

Net sales were at IDR 880.1 billion (€54.22 million/US$61.25 million), a year-on-year growth of 29%.

The company is projecting sales to grow up to 15.4% in 2015 to IDR 1.4 trillion.

The company has attributed its growth to the sale of bulk cement as well as the stable market in south Sumatra.

During the first seven months of 2015, sales of cement in Sumatara has declined by 3.7% to 6.56 million tonnes, down from 6.81 million tonnes/year earlier.

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Indonesia: Holcim reports net loss to September 2015

Cement producer Holcim Indonesia has reported sales of IDR 6.56 trillion (€437.16 million/US$487.15 million) during the first nine months of 2015, down 2.59% from IDR 6.73 trillion a year earlier.

During the period, the cement company reported a net loss of IDR 372.31 billion, compared to a profit of IDR 598.89 billion a year earlier.

The cost of goods sold rose by a year-on-year 6.21% to IDR 5.08 trillion.

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