2025 tobacco excise target lowered, tobacco firms collectively strengthen
05 Dec 2024 15:47
The Indonesian government has set a tobacco excise target of Rp230.09 trillion for 2025, marking a 6.5% reduction from this year's target.
HMSP’s net profit corrected 11.47% in H1 2024
24 Jul 2024 15:07
PT Hanjaya Mandala Sampoerna Tbk (HMSP), a cigarette manufacturer with the highest market capitalisation in Indonesia, scores net profit of IDR 3.32 trillion in the first half (H1) of 2024.