Some companies reported stable and stronger performance last year despite slowdown of the economy. Second largest cigarette producer Gudang Garam (GGRM), for example, reported net profit growth of 3.7% only, but pharmaceutical company Kalbe Farma (KLBF) managed to grow its profit by 14.8%. Retailers ACE Hardware and Mitra Adiperkasa also reported strong bottomline. Altogether, these companies paid more corporate income tax to the State last year.To subscribe please click here
