ENTITY
Semen Indonesia (Gresik)

Semen Indonesia (Gresik) (SMGR IJ)

110
Analysis
MaterialsIndonesia
PT Semen Indonesia (Persero) Tbk manufactures cement including portland cement, oil well cement, and mixed cement. Through its subsidiaries, the Company also develops and operates an industrial estate, mines limestone and clay, and packages and distributes cement.
more
06 Jun 2024 19:58Broker

Semen Indonesia - A Better Optimism Following the May24 Price Hikes

SMGR’s management reaffirmed its ~3% vol growth target and 1% higher ASP in FY24F, seeing IKN as the LT demand driver. ASP is expected to improve...

Logo
273 Views
Share
03 Jun 2024 20:50Broker

PT Semen Indonesia Tbk (SMGR IJ) - Facing Challenges Head-On

SMGR recorded a revenue of IDR8.4tn in 1Q24, marking a contraction of -6.3% YoY (vs IDR8.9tn in FY22) and reflecting 21.3%/20.8% of MNCS/Consensus...

Logo
353 Views
Share
17 Oct 2024 19:19Broker

Cement: 3Q24 Preview: Expanding Volume, Stabilizing ASP

We expect SMGR/ INTP 9M24F to reach 47%/63% of our estimate vs. 72%/65% seasonality, hence potential miss for SMGR but inline for INTP.

Logo
194 Views
Share
25 Sep 2024 19:08Broker

Cement: Divergence Between SMGR and INTP Sales Volumes in Aug24

INTP's sales vol continued to outperform with a 3.5% yoy growth (exGrobogan) in Aug24, vs. industry’s -1% yoy and SMGR’s -5% yoy.

Logo
199 Views
Share
29 Aug 2024 18:54Broker

Cement: Jul24 Sales: Strong 14% Mom Vol Growth, but Risk from Fighting Brand Pricing of Merdeka

Industry sales vol grew robustly by 14.1% mom in Jul-24, with SMGR domestic vol grew 8% mom and INTP vol expanded by 23% mom.

Logo
226 Views
Share
x