Indocement Q1 net profit up 10 percent

Indocement Tunggal Perkasa , Indonesia's biggest cement maker by market value, said on Friday its first quarter net profit rose 10 percent to 865.3 billion rupiah ($100.82 million), as sales climbed to outweigh higher costs.

The firm reported revenue in the January-March period rose to 2.94 trillion rupiah, compared to 2.55 trillion in the same period of 2010. Source: Reuters