Indonesia’s Gresik says 2008 net profit up about 40%

Indonesia’s Gresik says 2008 net profit up about 40%
Published: 16 March 2009

Indonesia’s largest cement firm, PT Semen Gresik , on Monday said net profit rose about 40 per cent to IDR2.5trn (US$208.8m) in 2008 from IDR1.78trn in 2007.

The state-controlled company also said sales climbed to IDR12.2trn in 2008, from IDR9.6trn in the previous year.