PT Gudang Garam Tbk reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was IDR 29,731,229 million compared to IDR 29,290,712 million a year ago. Net income was IDR 1,963,483 million compared to IDR 1,076,900 million a year ago.
Basic earnings per share from continuing operations was IDR 1,020 compared to IDR 560 a year ago.
PT Gudang Garam Tbk is an Indonesia-based company that is engaged in the cigarette industry and other related cigarette industry activities. The Company’s segments include cigarettes, paperboards, infrastructure, and others. The Company’s products range from sigaret kretek klobot (SKL), sigaret kretek linting-tangan (SKT), hingga sigaret kretek linting-mesin (SKM). The Company’s brands include Gudang Garam Signature Mild, Gudang Garam Signature, Gudang Garam Djaja, Gudang Garam Merah, Gudang Garam International, Sriwedari, Gudang Garam Patra, Surya Professional, Surya Pro Mild, Surya Exclusive, GG Mild, GG Shiver, GG Move, Klobot, and Gudang Garam Deluxe. Its subsidiaries include PT Surya Pamenang, PT Surya Madistrindo, PT Surya Air, PT Graha Surya Media, PT Surya Inti Tembakau, Galaxy Prime Ltd., Prime Galaxy Ltd., among others.
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