Indocement Tunggal Prakarsa tbk PT reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported income for the period of IDR 1,146,356 million against IDR 1,000,241 million for the same period a year ago. Net revenues were IDR 4,219,071 million against IDR 3,849,035 million for the same period a year ago. Operating income was IDR 1,365,246 million against IDR 1,219,593 million. Income before income tax was IDR 1,487,489 million against IDR 1,304,607 million. Income attributable to the owners of the parent was IDR 1,146,163 million or IDR 311.35 basic per share against IDR 999,864 million or IDR 271.61 basic per share for the same period a year ago. Net cash provided by operating activities was IDR 949,142 million against IDR 965,440 million for the same period a year ago. Purchases of fixed assets was IDR 219,279 million against IDR 110,278 million for the same period a year ago.

Indocement Tunggal Prakarsa tbk PT announced that they will report Q1, 2013 results on Apr 30, 2013

Indocement Tunggal Prakarsa tbk PT announced plans to expand its annual capacity to 25 million tons by mid-2015, from 18.6 million tons at present, by setting up a new plant in Citeureup, West Java. It signed a contract with the Tianjin Cement Design and Research Institute (TCDRI), a subsidiary of Sinoma Group, for a production equipment procurement for its new plant, which will be a larger cement plant in Indonesia with an annual capacity of 4.4 million tons.