Semen Indonesia's Net Profit Grows 10.7% in Q1 2022

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Reza Pahlevi 27/05/2022 13:10 WIB

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PT Semen Indonesia (Persero) Tbk recorded revenue of Rp8.14 trillion and a net profit of Rp498.57 billion in Q1 2022.

Semen Indonesia's Revenue and Profit/Loss (Q1 2021 vs Q1 2022)

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Semen Indonesia's Net Profit Grows 10.7% in Q1 2022

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Semen Indonesia's Revenue and Profit/Loss (Q1 2021 vs Q1 2022)

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PT Semen Indonesia (Persero) Tbk recorded revenue of Rp8.14 trillion and net profit of Rp498.57 billion in Q1 2022.

This state-owned enterprise (SOE) successfully grew its revenue by 0.7% year-on-year (YoY) from Rp8.08 trillion in Q1 2021.

This revenue comprised cement production of Rp6.08 trillion and non-cement production of Rp2.06 trillion.

Despite the slight revenue growth, the company's net profit grew by 10.7% (YoY) to Rp498.57 billion in Q1 2022. The company recorded a net profit of Rp450.36 billion in Q1 2021.

The company's assets were recorded at Rp76.51 trillion in Q1 2022. Liabilities were recorded at Rp35.39 trillion and equity at Rp38.38 trillion.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."