Indocement reports strong first quarter profit

Indocement reports strong first quarter profit
Published: 02 May 2011

PT Indocement Tunggal Prakarsa said its first-quarter net profit rose to IDR868bn (US$101 million) from IDR787bn a year earlier on higher sales. The company’s revenue rose 15% to IDR2.94trn at the end of March, from IDR2.55trn a year earlier.