JAKARTA (Yosefardi) – Cigarette maker PT Wismilak Inti Makmur Tbk (WIIM) targets to sell 3.12 billion cigarette sticks next year with total revenue of Rp2.15 trillion, Bisnis Indonesia reported this morning.
The company allocates capital expenditure of Rp80 billion for next year, while the addition funding will be covered by bank loan facilities.
Wismilak booked net profit of Rp110.77 billion in first nine months of this year, doubled from Rp53.02 billion in the same period of last year. Revenue jumped 60.8% to Rp1.19 trillion. Its short term debt totaled Rp136.54 billion.