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Net Income increased by 34.4% year-on-year amounting to Rp2,408 billion or equivalent to EPS of Rp411 (full amount).
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Semen Gresik’s total sales volume in 9M09 reached 12.97 million tons of cement or a decrease of 1.5% year-on-year.
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Domestic sales volume posted 12.39 million tons or an increase of 0.2% year-on-year. Domestic sales account for 97.3% of total sales.
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Production cost per ton in 9M09 experienced an increase of 14% above 9M08 mainly due to an increase in energy, packaging, and transportation costs.
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Ebitda increased by 21.4% amounting to Rp3,379 billion year-on-year, and Ebitda margin increased to 32.5% from 31.6% year-on-year.
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As of 30 September 2009, the Company’s LT Liabilities amount to Rp156 billion, with debt-to equity ratio decreasing to 1.7% from 2.5% in September 30, 2008.
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On 15 October 2009, the Company gained Green level in the 2008-2009 PROPER program. The achievement is a proof of the Company’s commitment to preserve the environment.