Profile

Industry Sector Consumer Goods Industry
Industry Sub Sector Tobacco Manufacturers
Established 26 June 1958
Listed 27 August 1990
Listed company code GGRM
Listed Shares 1,924,088,000
Dividend Yes
Major Shareholders (>5%) Suryaduta Investama (69.29%)
Suryamitra Kusuma (6.26%)
Key Subsidiaries Surya Pamenang
Surya Madistrindo
Surya Air

Stock Quote Gudang Garam - GGRM:

Business Summary

Gudang Garam has established primary and secondary kretek manufacturing operations at two main sites. Kediri, home to the company headquarters, and Gempol. Both sites are located on Java, Indonesia's most populous island.

Gudang Garam operates an in-house printing facility and has three active subsidiaries: Surya Pamenang, producing paper board used for the manufacturing of Gudang Garam packaging, Surya Madistrindo, sole distributor of the company’s products, and Surya Air which provides non-scheduled air transport services.

In 2012, 84 percent of Gudang Garam's cigarettes production was machine-made, while the remaining 16 percent was hand-rolled kretek.

Read more: Analysis of Indonesia's cigarette Industry

At end 2013, the company had a market share of about 20.6 percent of the domestic cigarette market. Due to the high number of smokers in Indonesia, Gudang Garam - as well as other companies in Indonesia's cigarette industry - is a major source of revenue for the Indonesian government in terms of excise duties and corporate income tax. Gudang Garam is one of the companies with the largest market capitalization listed on the Indonesia Stock Exchange (IDX).

Gudang Garam's Financial Highlights:

     2009    2010    2011    2012    2013    2014    2015
Net Sales 32,973.1 37,692.0 41,884.4 49,028.7 55,537.0 65,185.9 70,365.6
 - Domestic Net
   Sales
31,122.7 35,779.8 39,790.6 46,983.9 53,119.9 62,273.4 67,584.8
 - Export Net
   Sales
 1,850.4  1,912.1  2,093.7  2,044.8  2,317.1  2,912.5  2,780.7
Gross Profit  7,165.5  8,865.6 10,129.4  9,184.7 10,873.9 13,379.6 15,485.6
Operating Profit
 5,206.8  5,857.9  6,838.6  6,025.6  6,691.7  8,626.5 10,064.9
Net Profit
 3,455.7  4,146.3  4,894.1  4,013.8  4,328.7  5,405.7  6,435.7
Total Assets 27,231.0 30,741.6 39,088.7 41,509.3 50,770.3 58,234.3 63,505.4
Total Liabilities  8,848.4  9,421.4 14,537.8 14,903.6 21,354.0 20,099.9 25,497.5
Earnings per
Share¹
   1,796    2,155    2,544    2,086    2,250    2,810    3,345
Dividend per
Share¹
    880    1,000     800     800     800

in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Gudang Garam, Annual Report 2015

Stock Performance Gudang Garam (GGRM) versus Benchmark Jakarta Composite Index (JKSE):*

* normalized stocks, 1 January 2016 = 100

Location

Contact Details

Jalan Semampir II/1
Kediri - 64121
Phone: +62 354 682 091
Fax: +62 354 681 555

Jakarta Representative Office
Jalan Jenderal A. Yani No. 79
Jakarta - 10510
Phone: +62 21 420 2460
corporate_secretary@gudanggaramtbk.com
www.gudanggaramtbk.com