Business Highlights
- Net Income increased by 33.2% y-o-y amounting to Rp1,514 billion or equivalent to EPS of Rp258 (full amount).
- Semen Gresik’s total sales volume in 1H-09 reached 8.3 million tons of cement or a decrease of 5.6% year-on-year.
- Domestic sales volume was 8.03 million tons of cement or a decrease of 3.4% year-on-year. Domestic sales accounts for 97.1% of total sales.
- Semen Gresik, Semen Padang and Semen Tonasa each contributed 53.1%, 29.9% and 19.4% to consolidated net revenues.
- Production cost per tons in 1H-2009 was 19% higher than that in 1H-2008 as part of management’s efforts in cost management, especially in energy cost.
- Ebitda increased by 19.4% amounting to Rp. 2,129 billion year-on-year.
- As of 30 June 2009, the Company’s LT Liabilities amount to Rp172 billion, with debt-to equity ratio decreased to 2.07% from 2.91% in 2008.
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