DOW JONES NEWSWIRES
JAKARTA (Dow Jones)--Cement producer Semen Gresik (SMGR.JK) said Friday its first quarter net profit rose to IDR884 billion ($103 million) from IDR811 billion a year earlier on higher sales.
Revenue was IDR3.55 trillion, up from IDR3.25 trillion a year earlier. Its operating income stood at IDR1.06 trillion from IDR1.01 trillion a year earlier, the company said in an exchange announcement.
-By Andreas Ismar, Dow Jones Newswires; 62 21 39831277;andreasismar.sandiwan@dowjones.com
Copyright (c) 2011 Dow Jones & Company, Inc
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