Holding 2024 AGM, Semen Baturaja Distributes Dividends of IDR 25.85 Billion

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BATURAJA – PT Semen Baturaja Tbk (SMBR/Company) as a subsidiary of PT Semen Indonesia (Persero) Tbk (SIG), held an Annual General Meeting of Shareholders (AGM) for the 2024 Financial Year at The East Tower Mega Kuningan, Jakarta on Tuesday (27/5).

In this AGM, the Company determined the distribution of cash dividends of IDR25.85 billion or equivalent to 20% of the consolidated net profit attributable to owners of the parent entity for the 2024 financial year of IDR129.25 billion. Thus, each shareholder will receive a dividend of IDR2.60264 per share, while 80% of the net profit or IDR103.4 billion is allocated as retained earnings.

SMBR President Director Suherman Yahya said that the distribution of this dividend is a form of appreciation for shareholders and reflects the company’s solid fundamentals.

“This dividend distribution is a form of our commitment to providing added value to shareholders, as well as a reflection of the company’s positive performance and fundamentals that continue to strengthen. We are optimistic that with the right strategy and support from all stakeholders, the company’s performance will continue to grow sustainably,” he said.

SMBR has consistently distributed cash dividends for the past three years, with the total dividend value continuing to increase in line with stable net profit growth. This reflects the company’s success in maintaining operational and financial performance sustainably.

Throughout 2024, the Company recorded solid performance amidst the correction of the domestic cement industry. Revenue increased by 2.5% to IDR2.09 trillion compared to IDR2.04 trillion in the previous year. Cement sales volume also grew by 3.43%, from 2.16 million tons to 2.23 million tons. Net profit in 2024 was recorded at IDR129.25 billion, up 6.32% compared to 2023.

“Amidst challenging domestic market conditions, we have managed to maintain a positive growth trend through operational efficiency through the SMBRGO45 program, increasing revenue through product diversification such as limestone and white clay, strengthening the talent management system for superior human resources, and improving corporate governance. These steps drive profitability while strengthening SMBR’s competitiveness in the regional market and sustainability aspects,” he said.

This achievement cannot be separated from the synergy built through the integration of SMBR with SIG as the parent company, as well as the Company’s focus on developing new sources of income that are adaptive to future industry challenges.

In addition to determining dividends, the AGMS also approved changes to the Company’s Management. The position of President Commissioner previously held by Alex Iskandar Munaf was replaced by Inosentius Samsul, who previously served as Commissioner. Meanwhile, Hadi Daryanto, who was previously Commissioner, was replaced by Dzulfikar Ahmad and appointed Feryzal Adam as Independent Commissioner.

In the board of directors, Muhammad Syafitri who previously served as Director of Operations was replaced by Taufik Ibrahim, previously served as Vice President of Operations SMBR. In addition, there was a change in the nomenclature of the position of Director (Finance & HR Function) changed to Director of Finance & HR.

Thus, the composition of the Company’s management based on the resolution of the 2024 Financial Year AGM is as follows:

Board of Commissioners

  • President Commissioner: Inosentius Samsul
  • Commissioner: Dzulfikar Ahmad
  • Independent Commissioner: Feryzal Adham
  • Independent Commissioner: Chowadja Sanova

Board of Directors

  • President Director: Suherman Yahya
  • Director of Operations: Taufik Ibrahim
  • Director of Finance & HR: Rahmat Hidayat

In addition to the two matters above, the AGM also approved other Resolutions including:

Approving the Annual Report and Ratification of the Company’s Consolidated Financial Statements for the 2024 Financial Year, including the Board of Commissioners’ Supervisory Tasks Report for the 2024 Financial Year, as well as Ratification of the Financial Statements of the Micro and Small Business Funding Program (PUMK) for the 2024 Financial Year as well as granting full release and discharge of responsibility (volledig acquit et de charge) to the Board of Directors and Board of Commissioners for the management and supervisory actions that has been implemented during the 2024 Financial Year.

Determination of the use of the Company’s Net Profit, including the distribution of Dividends for the 2024 Financial Year. Determination of Salaries/Honorariums along with Facilities and Allowances for the Company’s Directors and Board of Commissioners for the 2025 Financial Year, as well as Tantiem/Performance Incentives/Special Incentives for the Company’s Directors and Board of Commissioners for the 2024 Financial Year Performance.

Appointment of a Public Accounting Firm to audit the Company’s Consolidated Financial Statements for the 2025 Financial Year and the Financial Statements of the Micro and Small Business Funding Program for the 2025 Financial Year. (*)

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Semen Baturaja Collaborates with Palcomtech Baturaja to Improve Digital Competence for Residents of Ring 1 Around the Company

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BATURAJA – PT Semen Baturaja Tbk (SMBR) as a subsidiary of PT Semen Indonesia (Persero) Tbk (SIG) continues to strengthen its commitment to supporting the improvement of the capacity of the community around its operational areas. Through collaboration with Palcomtech Baturaja, SMBR is holding a Digital Skill Computer Competency Improvement Program aimed at high school/vocational school graduates from the ring 1 factory area in Baturaja.

This training program was officially opened on Thursday (15/5) at the Palcomtech Baturaja Building, Ogan Komering Ulu (OKU) Regency, South Sumatra. The opening of the training was carried out symbolically by simultaneously placing hands on virtual buttons on the television screen by Teguh Prawito, Senior Manager of CSR Semen Baturaja, together with Indah Melati, Head of Palcomtech Baturaja.

The training will begin on May 19, 2025 and will last for 17 meetings over a period of two months.

A total of 22 participants took part in this program, divided into two training groups. 11 participants focused on Microsoft Office training, which included Microsoft Word, Excel, and PowerPoint materials equipped with Artificial Intelligence (AI)-based features. Meanwhile, 11 other participants took part in Contentpreneur training, which equipped them with graphic design skills, digital content creation (content creator), and digital marketing strategies.

Indah Melati expressed her appreciation for the implementation of this program thanks to the synergy between Palcomtech and Semen Baturaja.

“I would like to thank Semen Baturaja for establishing this collaboration. Also to the participants, I hope that the knowledge gained during this training can be useful and open up new opportunities in the future,” said Indah.

One of the participants, Mariati, a resident of Laya Village, West Baturaja, a graduate of SMA Negeri 3 OKU in 2025, admitted that she was very enthusiastic about participating in this training.

“I took this training to improve my skills in using technology and broaden my knowledge in the IT field. In addition, I want to increase my opportunities in the world of work,” said Mariati, who was a finalist in the 2024 South Sumatra Provincial National Science Olympiad (OSN) in Geography.

Teguh Prawito added that this training is part of the Social and Environmental Responsibility program in the field of education and community empowerment. “We hope that this training can be a starting point for participants to be more confident and able to compete in facing the challenges of the world of work and the development of digital technology,” he explained.

This program also supports the points in President Prabowo’s Asta Cita, especially in terms of strengthening the development of human resources (HR), science, technology, and education. SMBR believes that improving digital skills among the younger generation is an important foundation in facing the era of technological transformation and industrial revolution.

Through training that is applicable and oriented to current needs, SMBR is committed to continuing to support the creation of a young generation that is technologically proficient, creative, and highly competitive. (*)

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Semen Baturaja Tennis Championship 2025 Officially Opened, Encouraging Interest in Tennis Among OKU Raya Students

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BATURAJA – PT Semen Baturaja Tbk (SMBR) as a subsidiary of PT Semen Indonesia (Persero) Tbk (SIG) officially held the Semen Baturaja Tennis Championship 2025 — a tennis tournament for school age groups in OKU Raya Regency.

The activity, which was held for two days (11-12 May 2025) by the Semen Baturaja Sports, Spirituality & Arts Development Agency (Baporkes SMBR) in collaboration with the Indonesian Lawn Tennis Association (PELTI) OKU, was held at the SMBR Sport Center Tennis Court, Baturaja, Ogan Komering Ulu Regency (OKU), South Sumatra.

Carrying the theme “Reaping Meaning in Togetherness, Reaping Benefits in Skills”, this tournament was officially opened by Regent H. Teddy Meilwansyah, S.STP., M.M., M.Pd together with SMBR President Director Suherman Yahya on Sunday (11/5/2025).

Also present at the opening ceremony were Dandim 0403 OKU Lieutenant Colonel Arh Yusuf Winarno, S.I.P., M.Han, Assistant III to the OKU Regional Secretariat H. Romson Fitri, Baturaja Timur Police Chief AKP Azwan, S.H., M.H., Head of PELTI OKU Kompol Ginting, S.H., Treasurer of Koni OKU Reza Fahlevi, Head of the OKU Youth and Sports Service Ir. Joni Saihu, S.P., M.Si and other invited guests.

The tennis tournament for students held for the first time by SMBR was attended by 67 participants, both singles and doubles categories, from the age group of 10 to 16 years. The participants came from government agencies, educational institutions, and tennis clubs in the OKU Raya area.

“This is the first time Semen Baturaja has held a Tennis Tournament for students, this tournament is not just a competition, but also a means of instilling positive values ​​through sports. Especially encouraging interest in Tennis among students in OKU Raya,” said SMBR President Director Suherman Yahya in his speech.

More than just a sport, this tournament is a form of SMBR’s real contribution in strengthening the development of Human Resources (HR) through student sports achievements. This initiative is in line with the grand vision in President Prabowo Subianto’s Asta Cita, which places the development of superior HR as the main pillar towards the realization of Indonesia Emas 2045.

Suherman also said that this tournament is a form of Semen Baturaja’s commitment to encouraging a healthy lifestyle, building collaborative networks between agencies and fostering a positive competitive spirit. “Sports teach us about discipline, respect, fighting spirit and solidarity, values ​​that are very relevant both in the world of work and everyday life,” said Suherman.

Suherman also appreciated the participation of participants from various sectors in OKU Raya, he hopes that this activity can be carried out routinely every year with a greater number of participants and even with a wider scope. “In the future, we want this activity to be carried out every year and can be increased to a higher level, if currently it is only OKU Raya, in the future maybe at the South Sumatra or South Sumatra level,” he added.

Suherman said, this activity was deliberately held in OKU because PT Semen Baturaja wanted to contribute to the surrounding community considering that almost all Semen Baturaja employees moved to OKU after the Operations were centered in Bumi Sebantu Sekudang.

“We want our presence to be felt by the community, we want to contribute to the surrounding community. This activity can also be a forum for the community, especially children, to show their performance achievements, later there will be the birth of athlete seeds from OKU not only at the Regency level but also at the national and even international levels,” he said.

Suherman said, Semen Baturaja has many sports facilities that can be used to train and produce outstanding athletes. “We have many sports facilities that can be utilized such as swimming pools, tennis courts, and others. Hopefully, these facilities can later produce athletes who excel,” he said.

Chairman of Baporkes SMBR M. Furqon, said that the Semen Baturaja Tennis Championship was held on the initiative of the President Director of SMBR Suherman Yahya.

The President Director, he said, entrusted Baporkes SMBR to hold a tennis tournament. To make the tournament a success, Baporkes collaborated with Pelti. “Hopefully it will be successful. The purpose of this event is to increase the hobby of tennis and to establish friendship,” he said.

Meanwhile, the Regent of OKU H. Teddy Meilwansyah, S.STP., M.M., M.Pd greatly appreciated the initiation of student-level tennis by PT Semen Baturaja, even Teddy welcomed and fully supported the activity. “We are very grateful to PT Semen Baturaja for initiating and promoting Tennis Sports in Baturaja,” said Teddy.

Teddy continued that this activity is the first step for all stakeholders in fostering young athletes to show their talents and abilities in the future so that they can produce high-achieving athletes. “Hopefully in the future it can be held sustainably, not only in OKU but if possible at the regional and even national levels,” he said.

Teddy said, the OKU Regency Government strongly supports this activity, even in the future the OKU Regency Government is ready to collaborate in similar activities for a larger level. “We, as stakeholders, will synergize in everything, not only in Tennis but all other sports. We hope this can be a trigger for other BUMN, BUMD to jointly promote sports in OKU,” he said.

The tournament supported by 22 sponsors was closed with high enthusiasm. In the KU (Age Group) 10 category, the men’s singles title was won by M. Abid Alfatih from SMBR Tennis Club, while the women’s category was won by Allysa Zafira Arsyfatunnisa from Teri Tennis Club. Teri Tennis Club’s dominance was also seen in KU12, with Alkan Zahran Pratama from Keluarga Tennis Club and Naifah Keynes Natadahri from Teri Tennis Club emerging as the men’s and women’s singles champions. For KU14, Ahdan Aganta Nur Sandhika from BK 10 OKU Timur won the men’s singles title, while Vincia Caroline from Teri Tennis Club won the women’s singles title.

In the Age Group 10-13 years old men’s doubles category, the pair Alkan Zahran Pratama and M. Alief Fakhri from Keluarga Tennis Club won first place, while the women’s doubles were won by Kamila Amora Aimi and Naifah Keynes Natadahari from Teri Tennis Club. The 14-16 age group category for men’s doubles was won by Mikael Jhosue Lee Raharja and Ricardo Keane from Teri Tennis Club, while in the women’s doubles, the pair Tachira Radinka Arinie and Qirania Alkarizki from Keluarga Tennis Club won the top position. This tournament is real evidence that the potential of young athletes in OKU Raya continues to grow and is worthy of being developed sustainably. (*)

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Semen Baturaja Records Brilliant Performance, Net Profit in Q1 – 2025 Skyrockets 864%

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BATURAJA – Based on data from the Indonesian Cement Association (ASI), national cement demand in Q1-2025 was recorded to have decreased by 7.4% compared to the same period last year. However, amidst the weakening national trend, the market in the Southern Sumatra (Sumbagsel) region actually showed positive growth of 2.4% compared to last year.

This relatively resilient regional market performance is one of the supporting factors for PT Semen Baturaja Tbk (SMBR) as a subsidiary of PT Semen Indonesia (Persero) Tbk (SIG), to record impressive growth throughout Q1-2025.

Throughout January to March 2025, cement sales volume reached 533,337 tons, growing 10% compared to the same period last year of 486,643 tons. Not only supported by cement sales growth, the increase was also supported by the positive performance of the product diversification line. White clay sales volume was recorded at 9,125 tons, a 104% jump compared to the same period last year of 4,468 tons.

Along with the increase in sales volume, the company’s revenue grew 22% to IDR527.82 billion from the previous IDR432.4 billion. This growth was driven by sales contributions to related parties of IDR487.11 billion, sales to third parties of IDR34.27 billion, and sales from the non-cement business segment (product diversification) which also provided an additional IDR6.42 billion.

SMBR’s financial performance also showed a significant jump, with a net profit of IDR48.96 billion or a jump of 864% compared to the same period last year of IDR5.07 billion. EBITDA also increased 62% to IDR130.08 billion, reflecting continued improvement in efficiency in the production and operational processes.

In addition to recording solid financial performance, SMBR recorded an increase in sustainability performance in Q1-2025. The reduction in Greenhouse Gas (GHG) Emissions was successfully suppressed to 548.42 kgCO₂/ton cement eq, down from 594.51 kgCO₂/ton cement eq in the same period last year. This decrease was driven by the optimization of the use of alternative fuels or Alternative Fuel and Raw Material (AFR) which increased by 82% to 5,273 tons from the previous 2,897 tons. Along with that, the Thermal Substitution Rate (TSR) also increased from 1.84% to 3.16%.

This achievement is the result of the company’s success in implementing a development strategy that is in line with the direction of the parent company SIG. The application of the principles of Manufacturing Excellence, Cost Leadership Initiatives, and Sustainable Business are key factors in maintaining SMBR’s performance to remain solid, growing, and sustainable amidst industry challenges.

“The growth we achieved at the beginning of this year is the result of our focus on implementing strategies that are in line with the direction of the parent company, which not only strengthens the company’s competitiveness but also creates long-term value,” said Hari Liandu, Vice President of Corporate Secretary of SMBR.

Hari also added that SMBR will continue to maintain this momentum by encouraging innovation, operational efficiency, and strengthening collaboration with the parent company SIG to face existing challenges.

Support for this positive performance is also reflected in the increase in the company’s credit rating. Last April, PT Pemeringkat Efek Indonesia (PEFINDO) raised SMBR’s rating from idA+ (stable) to idAA– (stable). This increase is based on the audited financial report as of December 31, 2024 and reflects increasingly solid financial fundamentals, as well as SMBR’s strategic position within the SIG Group.

“With a performance trend that continues to be positive, we are optimistic that we can provide sustainable added value for all stakeholders and actively contribute to national development, especially in the Sumbagsel region,” concluded Hari. (*)

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