Semen Indonesia, formerly known as Semen Gresik, is Indonesia's largest cement producer. The company, which is one of the few Indonesian companies that has spread its wings abroad for business expansion, forms the holding company of three large cement producers: Semen Gresik (East Java), Semen Padang (West Sumatra) and Semen Tonasa (South Sulawesi). Although the company lost a couple of percentage points in terms of market share, it still dominates Indonesia's lucrative cement industry.
Future Forecast of Semen Indonesia's Financial Highlights:
|P/E Ratio (x)||23.6||19.1||17.5||16.3||16.9|
in billion Rupiah (IDR), except stated otherwise
Source: Investor Daily