Industry Updates
Indonesia Cement: Feb 2019 sales volume: Below expectations
Analyst: Joshua Michael
Feb 2019 sales volume: Below expectations
• Lower domestic volume achievement than last year
• Bulk sales tend to normalize
• Export volume continued to impress
• INTP: +1.4% YoY growth in Feb-19
• SMGR: +2.5% YoY growth in Feb-19
• Maintain NEUTRAL outlook