PT Indocement - October 2018

In the opening nine months of 2018, Indocement has seen its sales volume advance by up to six per cent YoY to more than 13Mt. This compares to domestic cement demand growth in Indonesia of just 4.9 per cent over the same period. The company saw sales reach 1.7Mt in September alone this year, compared to 1.6Mt in the same month last year, marking an improvement of 6.25 per cent. Indocement expects sales to continue to advance at the same rate, reaching a total of around 17Mt for 2018 as a whole.