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Semen Baturaja aims for a sales volume growth of 26%

24 January 2019 04:06 PM  Company: PT. Semen Baturaja (Persero) Tbk [SMBR]
Rp. 1,110  -25 (-2.2%)

JAKARTA. PT Semen Baturaja Tbk (SMBR) seeks to maintain its sales volume growth above 20% following a production target of 2.75 million tons, 26% higher than 2018 target of 2.18 million tons.

SMBR is optimistic that it can maintain its sales volume growth, following the large market share in the company's distribution area. "Demand for our marketing areas in South Sumatra, Lampung, Jambi, Bengkulu and Bangka Belitung in 2018 reached 6.9 million tons (growing 9% compared to 2017) so we are optimistic the target of 2.75 million tons can be achieved," said Jobi Triananda Hasjim, Director of SMBR, on Thursday (24/1).

SMBR is optimistic that the prospect of demand for cement in the Southern Sumatra region will continue to increase along with the operation of the Trans Sumatra Toll Road from Bakauheni to Palembang, which is scheduled to be operational in April 2019.

On the operational side, SMBR currently has two factories in Baturaja with a production capacity of 3.85 million tons per year. Last year, the need for the transportation fleet to transport cement had also been fulfilled, which added to management's optimism to reach this year's target. (AM/AR)

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PT. Semen Baturaja (Persero) Tbk [SMBR]   Rp. 1,110   -25 (-2.2%)