JAKARTA (Yosefardi) – Cement producer PT Holcim Indonesia Tbk (SMCB) posted net profit of Rp952.3 billion in 2013, declined 29% from Rp1.35 trillion in 2012, due to a jump in foreign exchange (forex) loss.
It suffered forex loss of Rp184.78 billion last year, compared to forex loss Rp4.78 billion in previous year.
While sales increased 7.5% to Rp9.69 trillion in 2013 from Rp9 trillion in 2012. Cost of sales also rose 10.6% to Rp6.33 trillion from previous Rp5.72 trillion. The gross profit was Rp3.35 trillion (2012: Rp3.28 billion). Operating profit fell to Rp1.85 trillion from Rp2.04 trillion in 2012.
Its assets totaled Rp14.89 trillion while liability amounted Rp6.12 trillion. The company has cash of Rp375.56 billion.