Shares of state cement maker Semen Indonesia (SMGR) ended lower 2.32% to Rp4630 on Friday last week (May 3) as investors responded negatively the company’s performance in the first quarter (Q1) 2024. At the latest quoted price, SMGR was valued at Rp31.38 trillion, below equity (Rp48.3 trillion as of March 31, 2024) and traded with PE multiple 14.40. To subscribe please click here
