SMCB Records Profit of Rp 659 Billion Amid Sluggish Cement Industry in 2025

JAKARTA - PT Solusi Bangun Indonesia Tbk (SMCB) recorded its financial performance for the whole of 2025 amid pressures in the national cement industry. Revenue declined, but profit remained stable.

According to the 2025 consolidated financial report, SMCB’s revenue was recorded at Rp 10.73 trillion. This figure is down from Rp 11.82 trillion in 2024. The decline aligns with the weakening demand in the domestic cement industry.

The company still booked a net profit for the year of Rp 659 billion.

From an operational perspective, the cost of goods sold decreased to Rp 8.32 trillion from Rp 9.26 trillion in 2024. This reduction supported a gross profit of Rp 2.42 trillion.

Operational performance is also reflected in an EBITDA of Rp 1.87 trillion.

“In terms of operational excellence, we have improved production efficiency, optimisation of energy and alternative fuels. Meanwhile, marketing and sales management is focused on strengthening the brand and distribution channels, especially in areas with high margins,” said Rizki in a press statement on Monday (30/3/2026).

This strategy has been implemented since the second half of 2025. As a result, sales volume of cement and clinker reached 12.1 million tonnes with revenue of around Rp 10.7 trillion.

The efficiency programme also reduced financial expenses by 34.8 per cent compared to the previous year.

The company also strengthened its capital structure and accelerated loan repayments. These steps maintain balance sheet health and liquidity.

SMCB continues its synergy with PT Semen Indonesia Tbk (SIG). The company is preparing several strategic initiatives to sustain growth.

One of the main projects is the development of a pier and production facilities for cement exports in Tuban, East Java. This project is a collaboration with Taiheiyo Cement Corporation.

The facility has an export capacity of 500,000 to 1 million tonnes of cement. The operational target is mid-2026.

Data from the All Indonesia Cement Association (ASPERSSI) shows that industry pressures continue. National cement production fell 4.5 per cent from 67.8 million tonnes to 64.7 million tonnes in 2025.

Domestic sales also declined by around 1.5 per cent.

The weakening is triggered by declining purchasing power, high rainfall, and slowdown in infrastructure projects. The industry also faces overcapacity in production, which pressures competition.