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TABLE-Indonesia's Gudang Garam Q1 net profit more than doubles

Thu Apr 30, 2009 12:27am EDT

Stocks

   
 JAKARTA, April 30 (Reuters) - Following are the
consolidated results of Indonesian tobacco firm PT Gudang Garam
Tbk (GGRM.JK), for the three months ended March 31, 2009.
           (in billions of rupiah unless stated otherwise)
                                     2009             2008
Net profit                            780.49           336.13
Sales Revenue                       7,650.61         6,905.70
Operating income                    1,192.20           614.87
Earnings per share (in rupiah)        406.00           175.00
 NOTE: Gudang Garam, controlled by Indonesia's Wonowidjojo
family, makes traditional clove cigarettes and has a stock
market value of $1.15 billion. Analysts polled by Reuters
Estimates forecast net profit of 1.92 trillion rupiah ($176.9
million) this year, up 2 percent from 1.88 trillion rupiah in
2008.
 ($1 = 10,850 rupiah)
 (Reporting by Tyagita Silka; Editing by Sara Webb)






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