Peek at Semen Indonesia’s Strategy to Create Sustainable Business – PT Semen Indonesia (Persero) will focus on implementing the four pillars to run a sustainable business.

Semen Indonesia Corporate Secretary Vita Mahreyni said the company is committed to realizing the four pillars of sustainability business by targeting sustainable economic growth, climate and energy, circular economy, and society and community.

“As a state-owned company, Semen Indonesia is responsible for providing positive benefits to the community,” said Vita in a statement, Friday (1/4/2022).

These various sustainable business strategies have made the issuer with the stock code SMGR successful in receiving the Top CSR Awards 2022 Star 5 category and Top Leader on CSR Commitment 2022 at the Top CSR Award 2022 event.

Also Read: Semen Indonesia Distributes IDR 1.02 Trillion Dividend to Shareholders

The Company won the award for the Top CSR Awards 2022 Star 5 category because it is considered that the company’s CSR policy and implementation system is at a very excellent level and strongly supports the company’s business strategy, both during the Covid-19 pandemic and for sustainable business growth.

“This award is an appreciation as well as motivation for us to carry out CSR programs that are in line with the sustainable development goals (SDGs),” said Vita.

Regarding the financial performance of SMGR and its subsidiaries, they posted a net profit of IDR 2.02 trillion throughout 2021. This figure is 27.61 percent lower than SMGR’s 2020 achievement of IDR 2.79 trillion.

The Company also recorded revenues of Rp. 34.95 trillion during the year ending on December 31, 2021, or a decline of 0.60 percent compared to revenue in 2020 of Rp. 35.17 trillion.

Cement sales volume is still the company’s revenue support of Rp. 28.54 trillion, still lower than 2020 of Rp. 29.02 trillion.

Also Read: As of February, Semen Indonesia reclaimed 329.3 hectares of former limestone mines

A number of other posts that contributed to SMGR’s revenue were sales of Rp 3.19 trillion slag, Rp 1.76 trillion ready-made concrete, Rp 128.7 billion cement bags, Rp 35.03 billion land rental, Rp 58.91 billion industrial estate land, mining services. IDR 16.70 billion, and others IDR 1.21 trillion.

SMGR’s cost of revenue swelled by 2.81 percent to Rp. 24 trillion, from the previous Rp. 23.3 trillion. A number of expenses that increased include the use of raw materials of Rp. 1.64 trillion, the cost of manufacturing fuel and energy of Rp. 8.59 trillion, and rent of Rp. 95.39 billion.

As a result, the company’s earnings per share declined to Rp341, from the previous Rp471.

Source: – Berita Terbaru Bisnis, Ekonomi, Investasi Indonesia by

*The article has been translated based on the content of – Berita Terbaru Bisnis, Ekonomi, Investasi Indonesia by If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!

*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.

*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!