PT Indocement - September 2018

PT Indocement recorded a one per cent YoY increase in cement sales in August 2018, in line with national cement consumption growth. Sales that month came in at 1.6Mt with total sales for the first eight months of the year reaching 11.5Mt, up seven per cent compared to the same period last year. According to Prakarsa Antonius Marcos, director and company secretary, PT Indocement, the poor growth seen in August is blamed on national holidays and the opening of the 2018 Asian Games, resulting in disruptions to supply.