News & Event

Overview for Full Year 2024:

• From ASI data, domestic cement market weakened -0.4% from combination of contraction in bag market -2.7% and growth in bulk market +5.3%
• Indocement recorded domestic (cement and clinker) volume of 20,496 thousand tons, higher +5.9% than last year mainly contributed from the integration of Semen Grobogan Factory. Total exports were 317 thousand tons or down -45.3%
• 2^nd round of share buyback program ended December 31, 2024. Total treasury stock is 331.3 million or 9.0% of total shares
• Maintain strong cash position with IDR4.5 tn by the end of 2024
• High utilization of Semen Grobogan plant enabling us to have more efficient product distribution and deeper market penetration in Central and East Java areas with substantial contribution to the overall margin
• Higher use of alternative fuels 21.4% compared to last year's 18.3%
• Reduction of scope 1 emission from 546 kg CO2/ton cement equivalent to 533 kg CO2/ton cement equivalent

Press release regarding consolidated Financial Report as of 31 December 2023 and 2022 (Audited) of the Company can be donwload here!

Indocement Consolidated Financial Statement 31 December 2024 and 2023 can be downloaded here!

Others Indocement Consolidated Financial Reports for can be downloeded here!