For 2016, Indonesia’s Indocement Tunggal Prakarsa (Indocement) reported revenue of IDR 17.79 trillion (€1.2 billion/US$1.35 billion), down 10.9% from IDR 19.99 trillion generated in 2014.
Net profit for the country's second-biggest cement producer was at IDR 4.35 trillion compared to IDR 5.29 trillion in 2014.
Operating profit dropped by 15.7% from 2014 to IDR 5.05 trillion.
The cement company’s liabilities were at IDR 3.77 trillion, down 12.4% from IDR 4.3 trillion a year earlier.
Assets also dropped by a year-on-year 4.3% to IDR 27.63 trillion.
