Shares of state cement maker Semen Indonesia (SMGR) ended lower 0.42% to Rp5,900 as investors responded negatively the company’s performance in 2023. At the latest quoted price, SMGR was valued at Rp39.9 trillion, way below equity (Rp47.8 trillion as of December 30, 2023) and traded with PE multiple 15.82. To subscribe please click here
