State cement producer Semen Indonesia (SMGR) booked profit attributable to owners of Rp2.02 trillion in 2021, declined 27.6% year on year (y/y) due to weaker revenue and higher cost. The Company’s revenue declined 2.8% y/y to Rp34 trillion, while the cost of revenue increased 4.3% y/y to Rp24 trillion.To subscribe please click here