While the specific financials of the tobacco wing are private, industry reports often cite Djarum as holding roughly 20% of the Indonesian cigarette market. When reviewing a "full report" context, analysts look for:
The "Real Estate" segment (PT Bukit Mulia) owns the Grand Indonesia mall and Hotel Indonesia Kempinski. The annual report’s occupancy rate and rental renegotiation clauses are the best leading indicator for luxury retail spending in Jakarta. djarum group annual report full
No. The fully audited, legal version filed with the Ministry of Law is a paid document. Free versions are usually "Annual Reviews" (marketing brochures) that hide the debt figures. While the specific financials of the tobacco wing
In the notes of the manufacturing section, look for "Cukai Hasil Tembakau" (Tobacco Excise). Djarum controls roughly 45% of the SKM (Machine-Made Clove Cigarette) market. A 10% rise in excise reported here signals a warning for Q3 consumer spending. In the notes of the manufacturing section, look