State cement producer Semen Indonesia (SMGR) sold 7.9 million tons of cement in the first quarter (Q1) of 2020, grew 4.7% year on year (y/y). National cement consumption reached 14.9 million tons in the said period, fell 4.9% y/y. SMGR’s export rose 23.2% to 1 million tons in Q1 this year.

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