Gudang Garam (GGRM), the second largest cigarette producer in Indonesia, posted net profit of Rp1.69 trillion in the first quarter of 2016, an increase of 32.1% from the corresponding period of 2015. HM Sampoerna (HMSP), market leader, meanwhile, reported net profit of Rp3.12 trillion, grew only 7.6% from the same period of 2015.To subscribe please click here
