According to Citi Research, cement sales in Indonesia were estimated to have risen by 15%/year in August 2015, representing the first rise since January 2015.
With more robust sales, Semen Indonesia, the biggest cement manufacturer in the country, was able to boost its shares by over 30% after facing a six-year low in August 2015.
Meanwhile, so far in 2015, Adhi Karya has secured construction deals worth IDR 7.80tn (€479.89 million/US$544.12 million) and has started to work on a light rail transit pro