Holcim Indonesia sees strong gains in full-year net profit

Holcim Indonesia sees strong gains in full-year net profit
Published: 26 February 2013

Tagged Under: Holcim Indonesia Results 

Holcim Indonesia has reported a 27 per cent jump in 2012 net profit on a strong rise in revenue.

Net income for the 12 months to the end of December reached IDR1.35trn (US$139m), the company said in a filing to the Indonesian Stock Exchange on Monday.

Revenue rose 20 per cent to IDR9trn. Production costs, however, also increased at a faster rate and were up 23 per cent YoY to IDR5.66trn.