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.
Ending Q3 2024, SMGR’s profit down 58%
01 Nov 2024 13:17
PT Semen Indonesia (Persero) Tbk (SMGR) reported a downturn in Q3 2024 compared to the same period last year.
SMGR prepares IDR 2 trillion capex until year end
30 Aug 2024 15:32
PT Semen Indonesia (Persero) Tbk (SMGR) has allocated capital expenditure (capex) of IDR 2 trillion until the end of 2024. This budget is higher than the average regular capex in the previous year of around IDR 1.3 trillion.
MPXL secures transport contract from Krakatau Semen Indonesia
23 Aug 2024 15:51
PT MPX Logistics International Tbk (MPXL), a logistics and transportation company, has obtained a new contract from PT Krakatau Semen Indonesia (KSI).
First half done, SMGR saw 42.10% decline in profit
01 Aug 2024 10:58
The profit of PT Semen Indonesia (Persero) Tbk (SMGR) plummeted 42.10% year-on-year (yoy) in H1 2024 compared to H1 2023.
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 Baturaja to allocate IDR 24.31 billion for cash dividend
03 Jun 2024 13:17
PT Semen Baturaja Tbk (SMBR), one of state-owned cement manufacturer, is allocating 20% of its 2023 net profit, or IDR 24.3 billion, to be distributed as cash dividend.
MPXL secures new contracts of IDR 148.39 billion
21 May 2024 14:01
PT MPX Logistics International Tbk (MPXL) secured bulk cement sale and purchase contracts with PT Victory Utama Beton (VUB) worth IDR 148.39 billion yesterday (20/5).
SMGR’s profit down 16% in Q1 2024
13 May 2024 10:49
Throughout the first quarter (Q1) of 2024, net profit attributable to the parent entity of PT Semen Indonesia (Persero) Tbk (SMGR) decreased 16% year-on-year (yoy) to IDR 471.81 billion from IDR 561.61 billion seen in the same period in 2023.
