Semen Gresik January sales down 2.9 per cent on month

Semen Gresik January sales down 2.9 per cent on month
Published: 19 February 2009

PT Semen Gresik said Thursday its cement sales in January dropped 2.9% on year to 1.34Mt due to lower exports and domestic sales.

Domestic cement sales fell 1.2% to 1.3Mt from 1.32Mt, while exports fell 38% to 39,345t from 63,843t a year earlier.

The company didn’t give any explanation for the decline in its sales.

The nation’s largest cement producer by assets and sales said it had a 42% share of the domestic market in January.