Indonesia's Indocement H1 profit more than doubles

Mon Jul 28, 2008 11:05am BST
 
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JAKARTA, July 28 (Reuters) - Indonesia's second-largest cement maker, PT Indocement Tunggal Prakarsa Tbk (INTP.JK), reported on Monday its first-half net profit more than doubled, powered by robust cement sales.

The company, controlled by HeidelbergCement (HEIG.DE), said its net profit climbed to 770.74 billion rupiah in the January-June period from 360.145 billion a year ago.

Its net revenue jumped 42 percent to 4.49 trillion rupiah. ($1=9,115 rupiah) (Reporting by Harry Suhartono, Editing by Ed Davies)

 

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