Indonesia Semen Gresik 1Q cement sales rise 15 per cent on year

Indonesia Semen Gresik 1Q cement sales rise 15 per cent on year
Published: 21 April 2004

PT Semen Gresik, an Indonesian cement maker, said its total cement sales in the first quarter of this year rose 15 per cent on year to 3.42Mt from 2.98Mt, mostly because of an increase in domestic sales.

Semen Gresik’s domestic cement sales during the period rose 17 per cent to 3.02Mt, from 2.58t in the same period last year.  Its cement exports, however, fell 0.4 per cent on year to 398,737t in the first quarter of 2003. Semen Gresik didn’t comment on its sales performance.

According to data from Indonesia’s cement producers association, national cement sales in the first quarter of this year rose 9.7 per cent to 6.65Mt from 6.06Mt a year earlier.