PT Gudang Garam Tbk 2014 AR2
The report highlights PT Gudang Garam Tbk's performance in 2014, achieving a 17.6% revenue growth to Rp 65.2 trillion and a 23.1% increase in net profit to Rp 5.4 trillion. Despite a challenging regulatory environment and a decline in hand-rolled cigarette (SKT) sales, the company expanded its machine-made cigarette (SKM) segment and maintained a 21.9% market share. Gudang Garam adjusted its workforce by offering a voluntary early retirement program to 7,900 SKT employees. The company also invested Rp 11 billion in corporate social responsibility activities, focusing on disaster relief for the Mount Kelud eruption, infrastructure, education, and environmental hygiene.
Company: PT Gudang Garam Tbk
Sector: Manufacturing
Country: Indonesia
Year: 2014
Type: AR2
Pages: 114
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PT Gudang Garam Tbk
Annual Report
The report highlights PT Gudang Garam Tbk's performance in 2014, achieving a 17.6% revenue growth to Rp 65.2 trillion and a 23.1% increase in net profit to Rp 5.4 trillion. Despite a challenging regulatory environment and a decline in hand-rolled cigarette (SKT) sales, the company expanded its machine-made cigarette (SKM) segment and maintained a 21.9% market share. Gudang Garam adjusted its workforce by offering a voluntary early retirement program to 7,900 SKT employees. The company also invested Rp 11 billion in corporate social responsibility activities, focusing on disaster relief for the Mount Kelud eruption, infrastructure, education, and environmental hygiene.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees