Business Highlights
- Net Income increased 31.3% year-on-year to Rp681 billion.
- Semen Gresik’s total sales volume in 1Q-2009 reached 3,992,215 tons of cement or a decrease of (2.1%) year-on-year.
- Domestic
sales volume in 1Q-2009 posted 3,776,732 tons of cement or a decrease
of (2.0%) year-on-year. Domestic sales accounts for 94.6% of total
sales.
- The Company is able to increase its net revenue of 26.2% to Rp3,228 billion year on - year.
- After management’s efforts in cost efficiencies, production cost per ton in 1Q-2009 was 19.8% higher than that in 1Q-2008.
- Ebitda increased by 10.5% amounting to Rp974 billion year-on-year.
- PT
Semen Gresik, PT Semen Padang and PT Semen Tonasa respectively
contributed 52.9%, 31.8%, and 18.9% to consolidated net revenues.
- As
of 31 March 2009, the Company’s LT Liabilities amount to Rp183 billion,
with debt-to equity ratio improved to 2.1% versus 3.0 % at the end of
March 2008.
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