Gudang Garam (GGRM) net profit rose 0.52% to Rp 7.79 trillion in 2018

March 29, 2019, 04.10 PM  | Reporter: Khomarul Hidayat
Gudang Garam (GGRM) net profit rose 0.52% to Rp 7.79 trillion in 2018


CORPORATE ACTION -  JAKARTA. PT Gudang Garam Tbk (GGRM, anggota indeks Kompas100) posted net profit growth of 0.52% to Rp 7.79 trillion in 2018. The previous year, the cigarette manufacturer's net profit was recorded at Rp 7.75 trillion

In the financial report published in the information disclosure, Friday (29/3), GGRM's revenue still rose 14.89% to Rp 95.71 trillion.

However, GGRM's cost of goods sold increased higher by 18.41% to Rp 77.06 trillion. As a result, the profits achieved by GGRM last year did not grow high.

 

Editor: Khomarul Hidayat

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