State cement producer Semen Indonesia (SMGR) booked a profit attributable to owners of Rp498.56 billion in the first quarter (Q1) of 2022, helped by lower costs. Revenues increased 0.7% y/y to Rp8.13 trillion, but gross profit declined 5.46% y/y to Rp2.25 trillion due to the higher cost of revenues.To subscribe please click here
