Financial Performance of Holcim Supported by Exchange Rate Profit Kompas, page 18, 2006-09-20
In the first semester of 2006, PT Holcim Indonesia Tbk booked a net income of Rp139 billion despite the fact that it suffered a loss of Rp.218 billion in the first semester of 2005. The income was obtained from total sale of Rp.1.379 trillion entailing 2.7 tons of cement and clinker, 350,000 cubic metres of made concrete and 846,000 tons aggregated from integrated operational. Holcim’s financial performance is also supported by exchange rates reaching up to Rp.252.030 billion compared to the previous exchange rate loss of Rp.177.407 billion.
Holcim’s sales actually dropped two percent from Rp.1.409 trillion to Rp.1.397 trillion, yet they had already anticipated this. The on growing sales expenses also resulted in a loss amounting to Rp.35.257 billion from the previous Rp.21.038 billion for Holcim. On the brighter side, Holcim’s debts have decreased Rp.323 billion from a total of Rp.4.390 trillion. Operational activities have increased from a deficit of Rp.25 billion in the first of 2005 to a surplus of Rp.171 billion in 2006.
DPLKAIG Manages Pension Program for PT Holcim Indonesia Tbk, PT Holcim Beton and PT Wahana Transtama Kompas, page 6, 2006-03-05
Holcim Group (PT Holcim Indonesia Tbk, PT Holcim Beton and PT Wahana Transtama) and PT AIG Life will be co-operating to manage the pension program for Holcim Group’s 1,500 employees. The co-operation showed the three companies’ concern to the welfare of its employees. PT AIG Life has been providing the employee benefits program for more than 400 companies, both local and international. The AIG Pension Fund Financial Foundation is the first pension fund management in Indonesia that implemented the ISO 9001:2000 international-standard service.
Solusi Bangun Indonesia Tbk., PT
Indonesia Company Report
Last Update 21-June-2024
Major Businessline : Cement industry & Waste management