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.

Indocement operating income down so far in 2018
URL: https://globalcement.com/news/item/8263-indocement-operating-income-down-so-far-in-2018
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