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20250328_CMNT_Laporan Informasi dan Fakta Material_31872345_lamp2.pdf
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PT CEMINDO GEMILANG TBK
Head Office
Gama Tower, 43rd Floor, Jl. H.R. Rasuna Said, Kav. C22, Karet Kuningan, Setiabudi, Jakarta 12940, Indonesia
Phone: +62 21 2188 9999 l Facsimile: +62 21 2188 9991
www.cemindo.com | www.semenmerahputih.com
Cemindo Gemilang Optimistically Embraces 2025
in a Dynamic Market
Jakarta, March 28, 2025 – Throughout 2024, Indonesia's cement industry faced fluctuating
market conditions, as demand adjustments in the real sector were influenced by changes in
consumer purchasing power and the rescheduling of several government projects related to
the General and Regional Elections. Despite these conditions, national cement sales volume
remained relatively stable, reaching 64.9 million tons, a slight decrease of around 1%
compared to 2023, which recorded 65.5 million tons.
The Company leveraged this situation to further strengthen its position in key markets
through a focused market penetration strategy, particularly in Sumatra, which achieved a 12%
sales growth throughout 2024. At the same time, the Company also recorded positive
performance in the export market, with an increase in cement and clinker sales volume by 5%
(YoY). The Company’s subsidiary in the concrete products business also contributed to overall
performance, with a revenue growth of 15% and an EBITDA increase of 6% (YoY).
Financial Performance 2024
Amid price dynamics in both global and domestic markets, the Company maintained its
financial performance by recording revenue of IDR 8.9 trillion. Changes in domestic cement
selling prices and clinker export prices followed market trends, affecting operational
performance and impacting EBITDA in the cement sales segment. However, the Company’s
downstream business successfully recorded positive EBITDA growth, becoming a key pillar in
the diversification of the Company’s revenue.
Positive Recovery and Strengthening Growth in 2025
A positive recovery began to emerge in the last quarter of 2024 and continued to strengthen
in early 2025. Trends indicate growth in both sales volume and pricing, signalling a promising
market expansion. Demand for the Company’s products, both domestically and
internationally, is expected to continue rising.
The Company continues to focus to strengthen its key markets and expand its coverage into
new regions, both locally and internationally, through deeper market penetration strategies.
Additionally, the Company has taken strategic initiatives to enhance its financial and
operational resilience. In early 2025, the Company consolidated its bank loans with a more
optimal funding structure and secured additional funds for CAPEX investments in the logistics
sector. These funds will be invested in logistics and distribution strategic assets to improve
operational efficiency and develop logistics infrastructure for better distribution planning.
About PT Cemindo Gemilang Tbk
PT Cemindo Gemilang Tbk, was established in 2011 and since 2021 has become a Listed Company whose shares is traded in the Indonesian
Stock Exchange with Ticker Code: CMNT. PT Cemindo Gemilang Tbk is a producer of cement under Semen Merah Putih trademark,
produced from 9 (nine) plants in all over Indonesia and also through its subsidiary, Chinfon Cement Corporation, which produces cement of
Chinfon trademark from 2 (two) plants in Vietnam.
For more information, please visit www.cemindo.com and www.semenmerahputih.com or contact investor@cemindo.com
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PT CEMINDO GEMILANG TBK
Head Office
Gama Tower, 43rd Floor, Jl. H.R. Rasuna Said, Kav. C22, Karet Kuningan, Setiabudi, Jakarta 12940, Indonesia
Phone: +62 21 2188 9999 l Facsimile: +62 21 2188 9991
www.cemindo.com | www.semenmerahputih.com
From a commercial perspective, the Company continues to strengthen synergies with its
subsidiaries in the concrete products business through innovations that deliver high-value
concrete solutions and new products that are more cost- and time-efficient. Expansion into
new markets will also enhance economies of scale and solidify the Company’s position in the
industry.
Innovation and Commitment to Sustainability
As part of its long-term commitment to sustainability, the Company has been operating
approximately 40 electric vehicles and heavy equipment since April 2024 across various plants
and mining areas. This initiative not only reduces CO₂ emissions but also improves operational
efficiency.
The Company also continues to optimize the use of alternative raw materials and energy, both
in Indonesia and at its subsidiary in Vietnam. In terms of innovation, the development of
environmentally friendly products that comply with regulations remains a key focus.
For these efforts, the Company received the Green Label Indonesia Certificate from the Green
Product Council Indonesia for various cement products produced at its cement plants. The
Company is the first cement producer to achieve this Platinum category certification. This
achievement reinforces the Company’s commitment to delivering sustainable products.
Optimism for the Future
With a clear strategy and a strong commitment to quality, efficiency, and sustainability,
Cemindo Gemilang remains optimistic about 2025 and is dedicated to driving better
performance, creating added value for customers, partners, and society. The company is
ready to move forward with enthusiasm and a vision for a brighter future.
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About PT Cemindo Gemilang Tbk
PT Cemindo Gemilang Tbk, was established in 2011 and since 2021 has become a Listed Company whose shares is traded in the Indonesian
Stock Exchange with Ticker Code: CMNT. PT Cemindo Gemilang Tbk is a producer of cement under Semen Merah Putih trademark,
produced from 9 (nine) plants in all over Indonesia and also through its subsidiary, Chinfon Cement Corporation, which produces cement of
Chinfon trademark from 2 (two) plants in Vietnam.
For more information, please visit www.cemindo.com and www.semenmerahputih.com or contact investor@cemindo.com
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Chinfon Cement Corporation
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