PT Cemindo Gemilang Tbk
CMNT.JK
Indonesia Stock Exchange785.00
IDR
-15.00
- -
ISIN
ID1000163108
Return %
Stock
S&P500
1Y
-9.25
26.57
3Y
-1.87
76.60
5Y
-7.65
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Liu Chang I
- Full Time Employees
- 4,118
- Sector
- Basic Materials
- Industry
- Construction Materials
- Address
- Penjaringan Jakarta Utara Indonesia 14440
- IPO Date
- Sep 8, 2021
- Website
- semenmerahputih.com
- Similar Companies
- Business
- PT Cemindo Gemilang Tbk manufactures and sells cement, clinker, and ready-mix concrete primarily in Indonesia and Vietnam. The company produces premium cement under the Semen Merah Putih brand in Indonesia, including Semen Merah Putih, Semen Merah Putih Watershield for enhanced building protection and durability, and various bulk cement products such as ULTRAMIX-P for strength development, ULTRAMIX-G as general-purpose cement, ULTRAMIX-A for faster setting and high compressive strength, ULTRACEM ground granulated blast furnace slag, and DURAPRO eco-friendly low-CO2 cement; in Vietnam, through its subsidiary Chinfon Cement Corporation, it offers Chinfon PCB40 and PCB30 for civil construction, Chinfon PCB40 bulk cement for ready-mix, and Ordinary Portland Cement meeting TCVN 2682:2020 standards. Operations encompass andesite and limestone quarrying, wastewater management, mining, trucking transportation, and cement packing services, with exports to Australia, Philippines, Tahiti, Bangladesh, Sri Lanka, China, and Madagascar; the company maintains six plants in Indonesia across Banten, East Java, West Kalimantan, North Sumatra, and Bengkulu, plus integrated facilities and grinding plants in Vietnam's Hai Phong and Ho Chi Minh City regions, achieving combined capacities of 9.5 million tons per annum clinker and 13.9 million tons per annum cement, distributed to 17 Indonesian provinces via networks in Sumatra, Kalimantan, Java, Bali, and Southeast Nusa. Founded in 2011 and headquartered in South Jakarta, Indonesia, PT Cemindo Gemilang Tbk operates as a subsidiary of WH Investment Pte Ltd with over 4,000 employees serving infrastructure, industrial, housing, and general construction markets. In January 2025, the company signed a $450 million loan facility agreement with Bangkok Bank Public Company Limited, effective January 20, to consolidate existing loans into a more efficient structure with optimized payments, rationalized maturities, and added letter of credit and foreign exchange hedging support, approved by shareholders at an extraordinary general meeting on December 4, 2024, to enhance financial management, bolster transportation and distribution assets, and fund expansion into deeper Indonesian regions; it also maintains an idA- rating with stable outlook from PEFINDO, launched carbon injection technology from a Canadian partner to reduce cement usage by up to 4% in projects like Jakarta's Hiera township, and reported surging Q3 sales amid government-backed housing and infrastructure growth.