UPDATE 1-Indonesia's Semen Gresik sees 2009 revenue up 5 pct
(Adds comment, background, closing price)
JAKARTA, June 26 (Reuters) - Indonesia's largest cement firm, PT Semen Gresik Tbk (SMGR.JK) said on Friday it expects revenue to rise 5 percent this year, despite the economic slowdown.
"Even though there's a crisis, revenue can still grow by 5 percent," Heru Adhiningrat, vice president director, told reporters after a shareholders' meeting.
Southeast Asia's biggest economy expanded 4.4 percent in the first quarter, and the central bank has forecast full-year growth of 3-4 percent.
Semen Gresik, which has a market capitalisation of $2.93 billion, reported revenue of 12.47 trillion rupiah ($1.22 billion) last year and net profit of 2.52 trillion rupiah.
Analysts polled by Reuters Estimates see revenue slipping slightly to 12.42 trillion rupiah this year.
Semen Gresik's shares closed up 1.96 percent at 5,200 rupiah on Friday, while the the broader index .JKSE eased 0.19 percent. (Reporting by Tyagita Silka; Writing by Andreas Ismar; Editing by Sara Webb)
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