PT Djarum is a privately held company, which means it is not legally required to publish a comprehensive annual report for public viewing like a publicly-traded entity. However, you can analyze its performance and strategic direction by looking at the reports of its parent company, PT Dwimuria Investama Andalan (Djarum Group), and its massive publicly-listed subsidiaries, most notably Bank Central Asia (BCA). Core Business: Tobacco & Kretek
The company also made significant contributions to social development programs, including education, healthcare, and community empowerment initiatives. In 2022, PT Djarum invested IDR 1.2 trillion (approximately USD 85 million) in various social responsibility programs, which benefited thousands of people across Indonesia. annual report pt djarum
The annual reports from the early 2000s tell a story of defensive play. As smoking rates declined in Western markets, Djarum doubled down on quality. Their flagship product, Djarum Super, became a cultural icon. However, the modern annual report tells a different story: one of aggressive diversification. PT Djarum is a privately held company ,
Bank Central Asia (BCA): PT Djarum is a majority shareholder of BCA. You can find detailed financial data and strategic links to the Djarum Group in the BCA Annual Reports. In 2022, PT Djarum invested IDR 1
The crown jewel of the group, BCA, remains the largest private bank in Indonesia. The Hartono family holds a 29% stake through their holding company.