Indocement 2008 net profit IDR1.75trn Vs IDR980.10bn

Indocement 2008 net profit IDR1.75trn Vs IDR980.10bn
Published: 20 March 2009

Cement maker PT Indocement Tunggal Prakarsa said Friday its 2008 net profit rose 79% to IDR1.75trn from IDR980.10bn a year earlier, helped by higher revenues.

Net revenues for the January to December period of 2008 rose 34% on year to IDR9.78trn from IDR7.32trn a year earlier.

The nation’s second-largest cement company by output didn’t give any comment for its 2008 performance.

Assets at the end of December rose 12% to IDR11.29trn.