Indocement Tunggal Prakarsa (INTP), second largest cement group, booked net profit of Rp1.95 trillion in 2023, grew 5.97% year on year (y/y), as revenue rose 9.8% y/y to Rp17.95 trillion. Cost of revenue, however, also rose 9% y/y to Rp12.1 trillion, then gross profit grew 13.7% y/y to Rp5.84 trillion.To subscribe please click here