Semen Indonesia (SMGR) Eyes Revival Following Board Restructuring

The recent reshuffle of Semen Indonesia’s (SMGR) board of directors is seen as a breath of fresh air amid the company’s ongoing sales decline through Q1/2025.

Oktaviano DB Hana, Dionisio Damara Tonce
Sabtu, 7 Juni 2025 | 05:30

Bisnis.com, JAKARTA — The recent reshuffle of PT Semen Indonesia Tbk.’s (SMGR) board of directors is seen as a breath of fresh air amid the company’s ongoing sales decline through Q1/2025.

The addition of new directors with relevant expertise is expected to bolster SMGR’s efforts to turn around its performance in the competitive cement sector, including by driving new business lines and activities.

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