Cement industry faces challenges, see INTP and SMGR’s prospects
21 Jan 2025 15:08
Bagged cement sales are the beacon of hope for manufacturers this year as government cuts the budget for infrastructure sector.
Semen Indonesia’s net profit down 58% in 9M 2024
05 Nov 2024 20:32
PT Semen Indonesia (Persero) Tbk (SMGR), a cement manufacturer primarily owned by the Indonesian government, booked net profit of IDR 719.72 billion within the first nine months (9M) of 2024.
Semen Indonesia to invest IDR 22.5 billion in Karya Logistik Nusantara
28 Jun 2024 07:33
PT Semen Indonesia (Persero) Tbk (SMGR) has channelled investment worth IDR 22.5 billion to PT Karya Logistik Nusantara (KLN), joint venture established by several state-owned enterprises (SOEs) for Nusantara Capital City (IKN).
Semen Indonesia provides capital injection IDR 74.25 billion to its subsidiaries
30 Nov 2023 16:18
PT Semen Indonesia (Persero) Tbk (SMGR), a cement producer controlled by the Indonesian Government, has distributed a capital injection of IDR 74.25 billion to one of its subsidiaries, namely PT Sinergi Mitra Investama (SMI).
Pefindo upgrades Semen Indonesia’s outlook to positive
15 Aug 2023 10:16
Pemeringkat Efek Indonesia (Pefindo) has revised the prospect of PT Semen Indonesia (Persero) Tbk (SMGR) to “positive” from the initial “stable.”
Semen Indonesia to distribute cash dividend of IDR 245.19 per share
04 May 2023 11:44
PT Semen Indonesia (Persero) Tbk (SMGR), the cement manufacturer with the highest market capitalisation, plans to disburse cash dividend of IDR 1.65 trillion or IDR 245.19 per share that will be taken out of the 2022 net profit.