Jul 12, 2010

Holcim 1H sales volume rises 12%

Third largest cement player in Indonesia PT Holcim Indonesia Tbk (SMBC) has reached a higher cement sales volume by 12% in the first half this year (1H 2010) compared to the same period last year.
"The sales volume has surpassed our target," said Holcim Director Patrick Walser as quoted by Kontan today.  Holcim's reached sales volume of 2.34 million tons of cement in 1H 2009 worth Rp2.35 trillion. Hence, the company is estimated to post 2.62 million tons of cement sales in 1H 2010.
According to Holcim Corporate Communication Manajer Budi Primawan, the company has set target of revenue growth by 15% in 1H 2010. 

Disclosure: No position at the stock mentioned above.

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