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29 July 2020 (closed)
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Gudang Garam is a leading Indonesian manufacturer of kretek cigarettes (clove cigarettes), which are the favorite choice of Indonesians. Indonesia has a large and diverse tobacco consumer market with a significant percentage of adult smokers. In 2012, it was estimated that 67 percent of Indonesian men and 5 percent of Indonesian women smoke (Indonesia has a total population of over 240 million people). In 2012, Gudang Garam had a market share of about 20 percent of the domestic cigarette market.
In the first six months of 2013, Gudang Garam, which is one of the companies with the largest market capitalization in Indonesia, recorded a 4.8 percent growth in net profit to IDR 2.20 trillion (USD $194.7 million) compared to the first half of 2012.
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Gudang Garam's Financial Highlights:
|- Domestic Net Sales||25,895.6||28,545.3||31,122.7||35,779.8||39,790.6||46,983.9|
|- Export Net Sales||1,493.8||1,706.3||1,850.4||1,912.1||2,093.7||2,044.8|
|Earnings per Share¹||750||977||1,796||2,155||2,544||2,086|
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Gudang Garam, Annual Report 2012