Indocement’s 9 month net profit increases 27%

PT Indocement Tunggal Perkasa, Indonesia, announced that its nine month net profit has increased by 27% y-o-y, as the company pushes to gain a greater share in the domestic market. Indocement’s net profit over the first nine months of the year reached 2.383 trillion rupiah, compared to 1.868 trillion over the same period last year.

Revenues reached 8.11 trillion rupiah over the period, a 9.2% increase compared to last year’s figure of 7.42 trillion rupiah. Indocement’s full year profit is expected to reach 3.51 trillion rupiah.

Read the article online at: https://www.worldcement.com/asia-pacific-rim/29102010/indocement%E2%80%99s_9_month_net_profit/