Semen Indonesia traded at 1,465.00 this Thursday July 16th, increasing 15.00 or 1.03 percent since the previous trading session. Looking back, over the last four weeks, Semen Indonesia gained 7.86 percent. Over the last 12 months, its price fell by 47.68 percent. Looking ahead, we forecast Semen Indonesia to be priced at 1,356.56 by the end of this quarter and at 1,195.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
PT Semen Indonesia (Persero) Tbk is an Indonesia-based holding company primarily engaged in cement manufacturing. The Company classifies its business into two segments: cement production and non-cement production. It operates its cement production business through its subsidiaries, namely PT Semen Padang, PT Semen Tonasa, PT Semen Gresik, Thang Long Cement JSC, Thang Long Cement JSC 2 and An Phu Cement JSC. The types of cement it produces include Ordinary Portland Cement; Portland Cement, including Type II, Type III and Type V; Special Blended Cement; Portland Pozzolan Cement; Portland Composite Cement, and Super Masonry Cement. Its cement manufacturing facilities are located in Indarung, Tuban and Pangkep, Indonesia and Quang Ninh, Vietnam. Its non-cement production business comprises coal, limestone and clay mining, cement sack manufacturing, ready-mix concrete manufacturing, industrial area leasing and information and communication technology (ICT) provisioning.