Net Income increase by 62.7% y-o-y amounting to Rp 1,139 billion or equivalent to EPS of Rp 192 (full amount).
Semen Gresik's total sales volume in 1H-08 reached 8.90 million tons of cement or increase of 12.0% year-on-year.
Domestic Sales volume was 8.32 million tons of cement an increase of 16.8& year-on-year. Domestic sales accounts for 93.50& of total sales.
Semen Gersik, Semen Padang and Semen Tonasa each contributed 51%, 32% and 19% to consolidated net revenues.
Production cost per tons in 1Q-2008 was increase 9.5% highr than that in 1Q-2007 as part of management's efforts in cost efficiencies.
Ebitda encrease by 53.6% amounting to Rp 1,780 billion year-on-year.
As of 30 June 2008, the Company's LT Liabilities amount to Rp 92.6 billion, with debt-to equity ratio decreased to 28.1% from 41.7% in 2007.
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