Jumat , 16 May 2014, 19:35 WIB

Indonesian cigarette industry may face bankruptcy

REPUBLIKA.CO.ID, JAKARTA -- Indonesian cigarette industry is threatened with bankruptcy following several regulations related to tobacco restriction. Deputy Chairman of Indonesian Cigarette Industry Forum (Formasi), Ahmad Guntur said that...

Kamis , 31 Oct 2013, 18:00 WIB

Gudang Garam books profit of 3.27 trillion IDR

REPUBLIKA.CO.ID, SURABAYA -- Indonesia's leading clove cigarette maker, PT Gudang Garam recorded profit worth 3.27 trillion IDR in the first nine months of 2013. Company's comprehensive income rose 7.7 percent from 3.04 trillion IDR last year. Director of Treasury and Investor Relation in Gudang Garam, Heru Budiman said that production and promotion managed to increase total sales volume by five...