Below is a list with tagged columns and company profiles.

Today's Headlines Semen Baturaja

  • Cement Sales in Indonesia Rise 4.2% in January-April 2016

    Cement Sales in Indonesia Rise 4.2% in January-April 2016

    Cement sales in Indonesia in the first four months of 2016 reached 19.3 million tons, up 4.2 percent (y/y) from the January-April period one year earlier, supported by additional cement supplies by three newcomers in Indonesia's cement industry and higher cement demand. The three newcomers supplied 600,000 tons of cement in the first four months. Trimegah Securities noted that without these additional supplies, Indonesia's cement sales in January-April 2016 would only have increased 0.7 percent (y/y).

    Read more ›

  • Indonesian Cement Sales Slowed in January 2015 due to Rainy Weather

    Indonesian Cement Sales Slowed in January 2015 due to Rainy Weather

    Domestic cement sales in Indonesia fell 2.9 percent year-on-year (y/y) to 4.5 million tons in January 2015. A fall in cement consumption was detected in almost all regions of Indonesia, possible related to heavy rains that have plagued several areas in January and led to a slowdown in construction and infrastructure projects in Southeast Asia’s largest economy. Widodo Santoso, Head of the Indonesian Cement Association (ASI), said that the largest declines in cement sales in the first month of 2015 were recorded in Kalimantan and Sumatra.

    Read more ›

  • Which are Indonesia's Most Profitable Listed State-Owned Enterprises?

    As companies' corporate earnings reports covering the first quarter of 2014 have been released since the last couple of weeks, it is interesting to take a quick look at the top ten most profitable Indonesian state-owned companies (SOE) that are listed on the Indonesia Stock Exchange (IDX). The ten companies are ranked on highest net profit in Q1-2014 in the table below. It is interesting to note that four of these companies are banks, while there are two pairs of cement producers and construction companies.

    Read more ›

  • Indonesian Government Expects IPO of two Plantation Companies in 2014

    The government of Indonesia expects to list two state-owned enterprises on the Indonesia Stock Exchange (IDX) in 2014. Minister of State-Owned Enterprises Dahlan Iskan announced that the two companies involve Perkebunan Nusantara III and Perkebunan Nusantara IV. The main reason behind conducting the initial public offerings (IPOs) is to reap funds for further expansion. The IPO plan needs to be approved first by the Privatization Committee, under the wings of the Ministry of Economy, and then by the House of Representatives (DPR).

    Read more ›

  • Companies Post Mixed Financial Results in Indonesia's Cement Sector

    Although the combined performance of the four listed Indonesian cement companies in the first six months of 2013 is good with net profit rising 13.7 percent from the same period in 2012, the individual companies posted mixed results. Net profit of Semen Indonesia, Indonesia's largest cement producer, rose 22.9 percent, while net profit of Indocement Tunggal Prakarsa, the country's second-largest cement producer, rose 11.8 percent. The other two cement producers, Holcim Indonesia and Semen Baturaja, posted a decline in net profit.

    Read more ›

  • Indonesian Cement Producer Semen Baturaja Prepares IPO on Stock Exchange

    PT Semen Baturaja Tbk, a state-owned cement producer, will offer 20 to 35 percent of its equity to the public when it conducts its initial public offering (IPO) on the Indonesia Stock Exchange in June or July 2013. Initially, the Indonesian cement company was planning to conduct the IPO in 2012 but disagreement within the House of Representatives (DPR) - the government institution that needs to approve the IPO - resulted in a temporary postponement.

    Read more ›

Latest Columns Semen Baturaja

  • Infrastructure Indonesia: Light Rail Transit (LRT) in Palembang

    Infrastructure Indonesia: Light Rail Transit (LRT) in Palembang

    Two state-controlled companies (both listed on the Indonesia Stock Exchange) are expected to feel the positive impact of the light rail transit (LRT) in Palembang (South Sumatra), a transportation project currently under construction. These two companies are construction firm Waskita Karya and cement producer Semen Baturaja. These two companies are heavily involved in the LRT project that is estimated to cost around USD $520 million. This LRT track is supportive infrastructure for the 2018 Asian Games, to be held in South Sumatra in August 2018.

    Read more ›

  • Cement Industry Indonesia in 2015: Overview of the Main Players

    Cement Industry Indonesia in 2015: Overview of the Main Players

    The year 2015 may be a good one for Indonesian cement makers. The Indonesian government under the leadership of Joko Widodo is eager to invest heavily in the country’s infrastructure as this is one of the main bottlenecks that blocks higher economic growth. In the Revised 2015 State Budget the central government set aside IDR 290.3 trillion (USD $22.3 billion) for infrastructure development. Surely, the country's large cement producers - Semen Indonesia, Indocement Tunggal Prakarsa, Holcim Indonesia and Semen Baturaja - will benefit from this.

    Read more ›

  • Positive Impact Wall Street on Indonesia's Stock Index (IHSG)

    For the third day in a row, Indonesia's main stock index (IHSG) made a strong upward jump on Friday (28/06). Supported by strong American and European stock indices on the previous trading day, the IHSG rose 3.06 percent to 4,818.90 points. American and European indices mostly rose on Thursday (27/06) due to various positive macroeconomic data from the USA. These economic data translated into the good performance of the IHSG and other Asian stock indices on Friday. All sectoral indices of the IHSG were reported to have grown.

    Read more ›

  • State-Owned Cement Producer Semen Baturaja Conducts IPO

    IPO Semen Baturaja Indonesia Investments Richard van der Schaar

    State-owned cement producer Semen Baturaja invites investors to its initial public offering (IPO) between 29 May and 7 June 2013 at the Ritz Carlton Pacific Place in Jakarta. Through this IPO, the company offers 2.34 billion shares (about 23.76 percent of its stock equity) to the public with an initial price target of IDR 500 - 685 per share (USD $0.05 - $0.07). Semen Baturaja will be listed on the Indonesia Stock Exchange (BEI) on 28 June 2013. The lead underwriters for this IPO are Bahana Securities, Danareksa Securities and Mandiri Securities.

    Read more ›

Associated businesses Semen Baturaja