Gudang Garam recorded 39.64% net profit growth in 2019
JAKARTA - PT Gudang Garam Tbk. recorded 39.64% profit growth in 2019, from Rp 7.79 trillion recorded in 2018 to Rp 10.88 trillion.
Based on the company's financial statements published today (30/3), the company's net profit growth was supported by the 15.48% growth in the company's revenue recorded in 2019.
In addition, the company also recorded 131.5% growth in its other revenue to Rp 327.43 billion. On the other hand, the company's cost of goods sold and operating expenses both rose to Rp 87.74 trillion and Rp 7.99 trillion respectively. (ARM/AR)