PT Semen Indonesia - February 2014

Semen Indonesia has posted a 12.5 per cent increase in net profit for 2013, compared to 2012, according to Reuters. The company is reportedly aiming for an eight per cent increase in sales in 2014 with up to US$429m capex being allocated to help enhance production capacity. It is hoping to produce 31.8Mt of cement this year, up by six per cent compared to 2013, with a long-term target of 40Mt by 2017.

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