Sales in 2011 increased 19 percent to Rp31.96 trillion from the year, leading to a rise in net profit, PT HM Sampoerna Tbk President Director John Gledhill said after a general meeting of shareholders here on Friday.
"Sampoerna`s sale volume increased 16.4 percent from 78.8 billion pieces in 2010 to 91.7 billion pieces in 2011," he said.
The sales growth was higher than those of other cigarette makers in the country, which according to AC Nielsen data grew around 8.9 percent last year.
Since it was acquired by Philips Morris Indonesia, HM Sampoerna has paid excise of Rp19.7 trillion, or equivalent to state revenues.
The general meeting of shareholders also agreed to distribute Rp7.67 trillion of net profit as dividends, or Rp1,750 per share, including interim dividends of Rp876.6 billion paid to shareholders on December 23 last year.
"So the amount of dividends in the book year 2011 we still have to pay is Rp6.79 trillion or Rp1,550 per share," the company`s finance director, Mark Ingo Niehaus said.
(Uu.S012/A014)
Editor: Priyambodo RH
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