PT Semen Indonesia Persero Tbk : Presentasi Korporasi Q1

05/29/2022 | 06:26am EDT

Analyst Meeting - Q1 2022 Result (Audited)

30 May 2022

KEY HIGHLIGHTS

Resilience throughout hypercompetition and fuel cost volatility resulting in a better performance

Revenue growth from higher domestic sales volume and price despite

hypercompetition

▲0.7%

Revenue growth YoY

Revenue

(billion IDR)

8,077	8,137
Q1 2021	Q1 2022

▲1.6%	Sales Volume
Domestic sales volume	(million tons)

YoY	7,3 7,4			Q1-21


▼29.0%				Q1-22



Regional sales volume
YoY		2,4	1,7
▼5.8%

Total sales volume	Domestic	Regional
YoY

▲7.0%

Revenue/ton growth YoY

Revenue/ton

(thousand IDR)

833	891
Q1 2021	Q1 2022

Improved

profitability in the midst of cost pressure

3.2%

Increase in Cost of Goods Sold (COGS)

COGS

(billion IDR)

5.699	5.881

Q1 2021	Q1 2022

5.7%

Decrease in Operating Expense

Operating Expense

(billion IDR)

1,303	1,228

Q1 2021	Q1 2022

26.2%

Decrease in Finance Cost

Finance Cost

(billion IDR)

444	327

Q1 2021	Q1 2022

10.7%

Increase in Net Profit

Net Profit

(billion IDR)

450	499
Q1 2021	Q1 2022

Q1 2022 PERFORMANCE

FINANCIAL PERFORMANCE

Improved profitability from better pricing and manageable cost

Net Profit Bridge*

(IDR billion)

▲IDR49 bio

▲10.7% YoY

Q1-21 Net Profit

Volume

Price

COGS

Operating exp.

Other

Q1-22 Net Profit

IDR60 bio

Revenue growth

in line with the ASP growth despite the decreasing sales volume from regional sales

IDR181 bio	IDR74 bio	IDR96 bio
Manageable	Lower operating	Improved profit
COGS increase	expense	from lower
despite	from decrease in	finance cost
significant coal	promotion and
price increase	labor cost

* Attributable to owners of the parent entity

IMPROVED REVENUE

0.7% revenue growth from higher domestic sales volume and ASP

1.6%

Domestic sales volume growth contributed by bulk and Java sales volume growth despite lower sales volume from regional sales

				Bag & Bulk							Java and Outer Java
		Domestic Sales Volume			Domestic Sales Volume
				(thousand tons)								(thousand tons)
		-0.2%										2.0%


														1.5%

												3.881	3.960
5.745	5.735
						3.439	3.490


								8.2%


						1.585	1.715

		Bag			Bulk				Java	Outer Java
			Q1 2021		Q1 2022					Q1 2021		Q1 2022

Regional Sales

Volume

(thousand tons)

29.0%
2,367
	1,681
Q1 2021	Q1 2022

Revenue/ton	Domestic Cement & Regional ASP	Domestic Sales Portion
(thousand IDR)	(thousand IDR - nett)

▲7.0%

Revenue/ton increase YoY from higher ASP and domestic sales portion

7.0%
833	891

Q1 2021	Q1 2022

2.3%

812

831

27.2%

552

434

DomestikRegional

	7%
75%	82%

Q1 2021	Q1 2022

Q1 2021		Q1 2022

	5

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PT Semen Indonesia Persero Tbk published this content on 29 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 May 2022 10:25:04 UTC.

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PT Semen Indonesia Persero Tbk : Presentasi Korporasi Q1

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