Cement Demand Declines, SMBR Revenue & Market Share Increased

PALEMBANG – PT Semen Baturaja (Persero) Tbk (SMBR) still continues to make positive performance at the beginning of 2019. It can be seen from the revenue performance up to February 2019 which reached Rp266.54 billion or grew 2% from the same period in the previous year. The President Director of SMBR, Jobi Triananda Hasjim stated that the largest portion of the increase in SMBR’s income was supported by the retail segment which had grown by 14% in February.

Jobi added, in February 2019 the demand in the SMBR marketing area dropped by 14.3%. But SMBR is still able to increase its market share by 2% in the marketing area of ​​SMBR. “Of course, the highest portion is 61% for the South Sumatra region as the main market,” continued Jobi.

Jobi also revealed that SMBR will continue to work on developing the market and the company’s performance earlier this year. “One of them is by boosting the retail sector which is projected to grow significantly as a domino effect with the completion of various infrastructure projects.” Close Jobi.