Search result for: "Indocement Tunggal Prakarsa"

A number of Indonesia’s companies shares entered into FTSE (Financial Times Stock Exchange) Global Equity Index Series Asia Pacific ex Japan Regional Index. The shares are Pabrik Kertas Tjiwi Kimia, Tbk (TKIM IJ), Totalindo Eka Persada, Tbk (TOPS IJ), Trada Alam Minera, Tbk (TRAM IJ), Indah Kiat Pulp & Paper, Tbk (INKP IJ), Indofood Sukses.

Semen Indonesia, Tbk (SMGR:IJ) projects 5%-7% increase in total domestic cement sales in FY18, slower than 7.8% YoY growth achieved in 11M17. The forecast is based on expected demand for cement from the government’s multiyear infrastructure projects,.

PT Indocement Tunggal Prakarsa (INTP IJ, BUY, TP: IDR29,000) will finish developing new cement mill P14 in Citeureup, West Java by 2015. The new plant will have 4.4mn tons/annum of capacity and worth IDR5.5trn. Out of the IDR4-5trn of capex allocation, IDR880bn have been spent to develop the new mill. On the other hand, INTP.