JAKARTA (Yosefardi) – State cement maker PT Semen Indonesia Tbk (SMGR) recorded revenue of Rp17.39 trillion in first nine months of this year, grew by 27% from Rp13.67 trillion in the same period of last year.
Cost of revenue also rose to Rp9.55 trillion from previous Rp7.26 trillion. Then gross profit was Rp7.84 trillion. Operating cost increased 28% to Rp2.74 trillion.
Net profit was Rp3.89 trillion, a 14% growth compared to Rp3.41 trillion a year earlier. EPS was Rp659. SMGR shares was traded flat at Rp14,300, which might reflect PE multiple 16.28 on annualized EPS.
Its assets totaled Rp27.77 trillion while liability amounted Rp7.96 trillion. The company has cash and cash equivalent of Rp2.28 trillion.