Indocement 2008 net profit IDR1.75trn Vs IDR980.10bn

Indocement 2008 net profit IDR1.75trn Vs IDR980.10bn
20 March 2009


Cement maker PT Indocement Tunggal Prakarsa said Friday its 2008 net profit rose 79% to IDR1.75trn from IDR980.10bn a year earlier, helped by higher revenues.

Net revenues for the January to December period of 2008 rose 34% on year to IDR9.78trn from IDR7.32trn a year earlier.

The nation’s second-largest cement company by output didn’t give any comment for its 2008 performance.

Assets at the end of December rose 12% to IDR11.29trn.
Published under Cement News