REPUBLIKA.CO.ID, JAKARTA -- Indonesia's largest cement producer PT Semen Indonesia Tbk (SMGR) reported a net profit of Rp5.37 trillion in 2013, or a 10.8 percent increase on-year.

President of the state owned company Dwi Soetjipto said in a statement the increase in net profit was attributable mainly to 25 percent rise in income to Rp24.5 trillion.

A strong growth of 27 percent in sales to 27.81 million tons pushed up the income in 2013, Dwi said here on Sunday.

He said sales on the domestic market totaled 25.4 million tons or an increase of 13.2 percent far outpacing the country's average manufacturing growth rate of 5.5 percent in 2013.