JAKARTA - PT HM Sampoerna Tbk (HMSP) is placed under three categories of Indeks52 for the next year, effective per June 2024. This index launched by Tempo and IDNFinancials was introduced to the public on June 23, 2023.

Based on the record, the issuer is listed under three categories of Indeks52: Main Index, High Dividend, and Big Market Cap. The criteria include market cap, compound annual growth rate, average dividend yield, number of shareholders of over 3,000, average daily transaction volume and frequency, and free float of minimum 7.5% of listed shares in the stock market.

In March 2024, HMSP’s market capitalisation was recorded at IDR 100.03 trillion. For fiscal year (FY) 2023, the allocated dividend was IDR 8.06 trillion, up 26.68% year-on-year (yoy) from IDR 6.36 trillion in FY 2022.

Net profit reportedly increased 27.86% yoy to IDR 8.09 trillion in 2023, from IDR 6.32 trillion seen in 2022. For the record, in 2023, HMSP still recorded retained earnings of IDR 8.07 trillion and total equity of IDR 29.86 trillion.

HMSP’s revenue reached IDR 11.598 trillion in 2023, with most sales came from machine-rolled kretek cigarettes of IDR 68.92 trillion, followed by hand-rolled kretek cigarettes of IDR 35.94 trillion, machine-rolled white cigarettes of IDR 8.06 trillion, hand-rolled white cigarettes of IDR 999.60 billion, and other products of IDR 1.04 trillion. Export sales to related parties brought in IDR 706.06 billion, while other products recorded sales of IDR 297.84 billion.

Last period of Indeks52 saw HMSP also in three categories. Pre-evaluation, Indeks52 consists of 96 issuers, also from different industries, including energy, mineral mining, healthcare, property, modern retail, heavy equipment, road infrastructure, telecommunication, processed foods and beverages, as well as tobacco products. After the evaluation took place, 23 issuers got dropped from the list, while another 11 entered as new constituents of Indeks52, rounding up to 84 issuers.

Indeks52 is expected to add into the long and diversified list of alternative reference for potential investors in Indonesia. Until the end of 2023, total retail investors came up to 12.16 million single investor identifications (SID), increasing fourfold compared to pre-pandemic. This surge is due to several policies of stock exchange authorities that have boosted trust and facilitate easier access to investment in the stock market. (LK/ZH)