Semen Baturaja Q1 profit Jumps 59.6%

JAKARTA (Yosefardi) – State cement maker PT Semen Baturaja Tbk (SMBR) booked net profit of Rp75.64 billion in first quarter (Q1) of this year, jumped 59.6% from Rp47.62 billion in the same period of last year. Net sales grew by 27.9% to Rp284.27 billion from...
Argo Pantes Turns to Profit

Argo Pantes Turns to Profit

JAKARTA (Yosefardi) – Textile company PT Argo Pantes Tbk (ARGO), member of Agro Manunggal group, booked net profit of Rp81.75 billion in 2013, compared to loss of Rp118.97 billion in 2012. Net sales increased 32.6% to Rp1.33 trillion from previous Rp1 trillion....

Semen Indonesia Cement Sales Up 3.3%

JAKARTA (yosefardi) – State cement maker PT Semen Indonesia Tbk (SMGR) sold 6.17 million tons of cement in first quarter of this year, grew by 3.3% from 5.97 million tons in the corresponding period of last year. While national cement consumption increased 3.5%...