RSSIn 2013, Indonesian state-owned cement producer
Meanwhile, the company’snet profit rose by 4.6% to IDR 312.1 billion.
In terms of sales, Semen Baturaja has sold 1.26 million tonnes of cement in 2013, a hike by 2% on a year earlier.
In 2013, Semen Indonesia, also a state-owned cement producer, raised its net profit by 10.8% on-year to IDR 5.37rillion (€341.19 million/US$471.45 million). Revenues also hiked by 25.01% on-year to IDR 24.5 trillion.
Following the upbeat performance, Semen Indonesia's president director Dwi Soetjipto said the company will raise its dividend payments by 10.6% more than in 2012. Dividends of IDR 2.42 trillion equivalent to 45% payout ratio of net profit will be given out.
