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.

February 18, 2016 Read time: 1 min

Cement producer 680 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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