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News Indocement operating income down so far in 2018

Indocement operating income down so far in 2018

Written by Global Cement staff 01 November 2018
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Indonesia: Indocement’s sales revenue rose by 2% year-on-year to US$713m in the first nine months of 2018 from US$696m in the same period in 2017. However, its operating income fell by nearly a third to US$35m from US$97m. The subsidiary of Germany’s HeidlebergCement reported that its cost of sales rose in the reporting period.

Last modified on 07 November 2018
Published in Global Cement News
Tagged under
  • Indonesia
  • Indocement
  • HeidelbergCement
  • Results
  • GCW378
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