PT Indocement - March 2014
In 2013 Indocement's domestic sales volumes rose by 1.2 per cent to 18.2Mt, compared to the previous year. Net revenue grew by 8.1 per cent to IDR18,691bn (US$1.64bn), mainly as a result of increased sales prices. Operating income rose from IDR5876bn in 2012 to IDR6064.1bn in 2013 despite increasing costs, particularly raw materials, logistics and wage increases. There was, however, pressure from a weakening rupiah, which fell against the dollar by approximately 26 per cent last year. EBITDA rose by 3.4 per cent to IDR6873.7bn.
