1st Quarter Result 2009

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.

Download (PDF - 73.19 kb)

Copyright © Semen Gresik . All rights reserved. / Privacy Policy