WINE - PT. Hatten Bali Tbk

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JAKARTA - PT Hatten Bali Tbk (WINE), a fermented beverage manufacturer, has introduced Hatten Chenin Blanc (HCB), which is expected to promote sales rapidly starting later this year. Wine is still the biggest contributor to total revenue of Hatten Bali.

Ida Bagus Rai Budarsa, President Director of WINE, mentioned that HCB is a type-B beverage with alcohol level of approximately 12.5%. “It will grant added value and increase the company’s sales,” he said in the information disclosure quoted Thursday (2/11).

In Q3 2023, wine covered 92.95% of total revenue, bringing IDR 195.62 billion to total revenue of IDR 210.44 billion. Alcoholic beverages contributed IDR 13.80 billion, followed by others, IDR 1.01 billion. In Q3 2022, wine generated IDR 132.22 billion of revenue, followed by alcoholic beverages of IDR 9.51 billion, and others of IDR 606.79 million.

Operating profit was recorded at IDR 42.04 billion, soaring 111.89% year-on-year (yoy) from IDR 19.84 billion. The current year’s profit also saw a 111.55% upturn to IDR 37.35 billion from IDR 17.66 billion in Q3 2022. (LK/ZH)