Overview Indocement Financial Result For H1 2024:
- According to the Indonesia Cement Association (ASI), the domestic cement market declined by -3.1% in the first half of 2025. This downturn was primarily driven by a -10.2% contraction in the bulk market, resulting from reduced demand from the new capital city and lower infrastructure budgets announced earlier this year. Meanwhile, bag cement market remained stagnant due to ongoing weak purchasing power.
- Indocement recorded domestic (cement and clinker) volume of 8,654 thousand tons or down -2.4%, while export volume improved +45.8% at 237 thousand tons. Our overall domestic market share remained relatively stable at 29.5% in Semester 1 2025.
- Resilient cash position at IDR 3.4tn by 30 June 2025.
- Cancellation of 50% of treasury stock was executed in July.
- Third round of share buyback program has started in August with total approved budget amount of IDR 2.25tn up to May 2026.
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