Cigarette maker HM Sampoerna (HMSP) booked a net profit of Rp3.28 trillion in the first quarter (Q1) of 2019, grew 2018, grew 8.3% from Rp3.03 trillion in Q1 last year. Net revenues reached Rp23.8 trillion, up 3% y/y. Cost of goods sold also rose 1.7% y/y to Rp17.9 trillion. Income tax expenses increased by 6.7% to Rp1 trillion.
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