Indonesia’s Semen Gresik Profit Rises

Indonesia’s Semen Gresik Profit Rises

Indonesia’s largest cement-maker Semen Gresik said its first-half net profit rose 9.5 percent to Rp700 billion (US$76.5 million) from a year earlier, on higher sales and better cost efficiencies.

Company president Dwi Soetjipto told reporters sales in the first half of 2007 rose 8.31 percent to Rp4.43 trillion from a year earlier.

Semen Gresik owns two main units, Semen Padang in West Sumatra province and Semen Tonasa in Sulawesi.

Disclaimer: While every effort has been made to ensure accuracy, this article may contain minor inaccuracies in names, locations, or event details. Readers are welcome to contact the editorial team for any clarification.

Comments are closed.