The Beginning of 2019, Semen Baturaja Revenues Grow 6%

PALEMBANG – PT Semen Baturaja (Persero) Tbk in January 2019 recorded revenue of Rp.150.2 billion or grew by 6% compared to the same period last year of Rp.141.8 billion. although the company’s cement sales volume fell slightly by 1% from the previous year.

President Director of SMBR, Jobi Triananda Hasjim said that the correction of cement sales volume was due to slowing cement demand in early 2019. Based on data from the Indonesian Cement Association (ASI) in January 2019, national cement demand fell by 1.3% compared to the same period in 2018.

Similarly, cement demand in Sumatra also fell by 2.7% from the previous year. This is influenced by conditions of relatively high rainfall and the number of infrastructure development projects that have not started at the beginning of the year.

Meanwhile, regarding the investment plan of SMBR, at a meeting with the Sarolangun District Government which was held on Monday (25/02), the Regent of Sarolangun, Jambi, H Cek Endra issued a location permit for the construction of the Semen Baturaja Factory which was submitted directly to the Director of SMBR, Jobi Triananda Hasjim as regional government support for the acceleration of the red plate cement producer project.

Jobi added that with the issuance of the location construction permit the plant greatly helped the progress of the acceleration of the construction of the plant in Sarolangun District which was one of the strategic projects in Jambi Province.

The construction of the SMBR factory in Sarolangun will have a broad impact on improving the economy of the community, increasing regional income and coupled with an increase in employment and supporting cement requirements for government and private infrastructure projects.