PT Indocement - May 2015
Indonesia’s general economic slowdown during 1Q15 triggered a decrease in the country’s cement consumption by 3.2 per cent, compared to the same period last year. This fall in demand is being blamed for Indocement’s eight per cent drop in sales volume during the quarter with its market share contracting from 30 per cent in 1Q14 to 28.5 per cent.