PT Semen Indonesia - July 2014
Semen Indonesia, the largest cement producer in southeast Asia, has said that it expects its first-half profits to expand by just eight per cent this year, compared to 21.8 per cent in the same period last year. Revenue in 1H14 has grown by 12 per cent, a far cry from the 32 per cent seen in the opening half of 2013. According to the company, demand for cement has remained flat this year so far, but hopes are high for a recovery under the new presidency.
