PT Gudang Garam Tbk (GGRM) posted a profit of Rp 2.2 trillion in the first half of 2013, edged up 4.7% from the same period last year to Rp 2.1 trillion.
As quoted from the company’s financial statements, on Thursday (01/08/2013), Gudang Garam revenue reached Rp 26.63 trillion in the first half of 2013, higher than the previous position of Rp 23.55 trillion.
On the increased revenue and profit, the company’s earnings per share rose to Rp 1,145 per share from Rp 1,092 per share.
Cost of sales producer of clove cigarettes is also up from the previous Rp 19 trillion in the first half of 2012 to Rp 21.33 trillion this year. The burden on the company’s operating profit rose to Rp 3.233 trillion from Rp 3.046 trillion.