Wismilak

Last updated
PT Wismilak Inti Makmur Tbk
Company type Public
IDX:  WIIM
Industry Tobacco
Founded14 December 1994;30 years ago (1994-12-14)
HeadquartersGrha Wismilak, ,
Indonesia
Key people
Ronald Walla (President Director)
Products
Brands
  • Wismilak
  • Diplomat
  • Galan
Increase2.svg Rp 201,4 billion [1]  (2021)
Total assets Increase2.svg Rp 1.891.2 billion [1]  (2021)
Total equity Increase2.svg Rp 1.318.4 billion [1]  (2021)
Number of employees
3,439 [1]  (2021)
Subsidiaries
  • Gelora Djaja
  • Galan Gelora Djaja
  • Gawih Jaya
Website www.wismilak.com

PT Wismilak Inti Makmur Tbk, commonly known as Wismilak, is an Indonesian holding company of cigarette producer PT Gelora Djaja and cigarette distributor PT Gawih Jaya, and the fourth-largest Indonesian tobacco manufacturer after Gudang Garam.

Contents

With tobacco being addictive and the single greatest cause of preventable death globally, [2] the company has had to contend with rising taxes, health warnings and tougher labeling regulations. [3]

History

Wismilak's origin has started by Gelora Djaja when it was established in Surabaya, East Java, on September 12, 1962, by Lie Koen Lie and Oei Bian Koen Hok with just 10 employees. [4] The company has been listed on the Indonesia Stock Exchange since 18 December 2012 under the symbol "WIIM". [5]

In 2022, Wismilak's net profit increased by 30.33 percent again, to IDR82.16 billion. In fact, in the same period in 2021, WIIM's net profit was only IDR 63.04 billion. The growth of Wismilak's net profit occurred in the midst of the collapse of the net profits of the country's largest cigarette issuers. [6]

Health warnings and sales

Following the introduction of graphic health warnings on cigarette packets in Indonesia in 2014, several tobacco companies recorded declines in sales. Wismilak corporate secretary Surjanto Yasaputera had initially expressed hope the company would remain on target to increase sales by 20% to 25% in 2014. [7] Wismilak's sales reportedly fell 15.7%, or Rp.760.7 billion (US$57 million), year-on-year from January to July 2017. [8]

Brands

Hand-rolled clove cigarettes

  • Wismilak Special
  • Wismilak Dirgha
  • Wismilak Satya
  • Wismilak Arja
  • Wismilak Arja Mangga Arumanis
  • Galan Kretek
  • Galan Prima

Hand-rolled clove slim cigarettes

Machine-made full flavor clove cigarettes

  • Wismilak Filter
  • Wismilak Diplomat
  • Galan Filter
  • Galan International

Machine-made light mild clove cigarettes

  • Galan Mild
  • Diplomat Mild
  • Diplomat Mild Menthol
  • Diplomat Mild Berry Spark
  • Diplomat Impact
  • Diplomat Evo
  • Diplomat Evo Sopra
  • Diplomat Evo Berry Squiz
  • Diplomat Evo Mango Squiz
  • Fun Mild

Cigar

Related Research Articles

<span class="mw-page-title-main">British American Tobacco</span> British multinational tobacco company

British American Tobacco p.l.c. (BAT) is a British multinational company that manufactures and sells cigarettes, tobacco and other nicotine products including electronic cigarettes. The company, established in 1902, is headquartered in London, England. As of 2021, it is the largest tobacco company in the world based on net sales and the third largest seller of vapes in the UK.

<span class="mw-page-title-main">Japan Tobacco</span> Japanese cigarette manufacturing company

The Japan Tobacco Inc. (JT) is a Japanese diversified tobacco company. It was established in 1985 as a tokushu gaisha that inherited the right to monopolize and manufacture cigarettes from the Japan Tobacco and Salt Public Corporation and required the government to hold at least 50% of its shares. In addition to tobacco, JT diversified its businesses, establishing the pharmaceutical research institute in 1993 and making a full-scale entry into the food and beverage industry in 1998. In 2008, it acquired the food manufacturer Katokichi, now TableMark, as a wholly-owned subsidiary, integrating its food business.

<span class="mw-page-title-main">Swedish Match</span> Swedish multinational tobacco company

Swedish Match AB is a Swedish multinational tobacco company headquartered in Stockholm. The company manufactures snus, nicotine pouches, moist snuff, tobacco- and nicotine-free pouch products, chewing tobacco, chew bags, tobacco bits, cigars, matches, lighters, and other fire products with operations in Sweden, Denmark, the United States, the Dominican Republic, Brazil, the Netherlands, and the Philippines. The company's origins can be traced back to 1868, and Ivar Kreuger. Swedish Match has played an important part in Sweden's industrial development.

<span class="mw-page-title-main">Kretek</span> Type of Indonesian cigarette including cloves

Kretek are cigarettes of Indonesian origin, made with a blend of tobacco, cloves, and other flavors. They are available filtered or unfiltered. The word "kretek" itself is an onomatopoetic term for the crackling sound of burning cloves.

<span class="mw-page-title-main">Gudang Garam</span> Indonesian tobacco company

PT Perusahaan Rokok Tjap Gudang Garam Tbk, trading as PT Gudang Garam Tbk, is an Indonesian tobacco company, best known for its kretek products. It is Indonesia's largest tobacco manufacturer, with a market share of nearly 33%. The company was founded on 26 June 1958 by Tjoa Ing Hwie, who changed his name to Surya Wonowidjojo (1923–1985). In 1984, control of the company was passed to Wonowidjojo's son, Cai Daoheng/Tjoa To Hing, who subsequently became the richest man in Indonesia. Halim headed the company until his death at the age of 60 in 2008.

<span class="mw-page-title-main">House of Prince</span>

House of Prince A/S, is a Danish cigarette manufacturer. As Denmark's only cigarette manufacturer, it was an independent subsidiary of Scandinavian Tobacco Company until its sale to British American Tobacco in 2008.

<span class="mw-page-title-main">China Tobacco</span> Chinese state-owned tobacco manufacturer and regulation agency

China National Tobacco Corporation (中国烟草总公司), branded as China Tobacco (中国烟草), is a national key state-owned corporation with chartered monopoly status in China to manufacture and sell tobacco products.

<span class="mw-page-title-main">Philip Morris International</span> U.S.A. multinational tobacco company

Philip Morris International Inc. (PMI) is an American multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro. Philip Morris International is often referred to as one of the companies comprising Big Tobacco.

<span class="mw-page-title-main">Lorillard Tobacco Company</span> Tobacco firm

Lorillard Tobacco Company was an American tobacco company that marketed cigarettes under the brand names Newport, Maverick, Old Gold, Kent, True, Satin, and Max. The company had two operating segments: cigarettes and electronic cigarettes.

<span class="mw-page-title-main">Sampoerna</span> Indonesian tobacco company

PT Hanjaya Mandala Sampoerna Tbk, commonly known as Sampoerna, is an Indonesian tobacco company owned by Philip Morris International. Sampoerna is the largest tobacco company in Indonesia. It produces clove cigarettes, otherwise locally known as kretek cigarettes. A typical brand is Sampoerna 'A' Mild, a filter cigarette in white paper.

Winston is an American brand of cigarettes, currently owned and manufactured by ITG Brands, subsidiary of Imperial Tobacco in the United States and by Japan Tobacco outside the U.S. The brand is named after the town where R. J. Reynolds started his business which is Winston-Salem, North Carolina. As of 2017, Winston has the seventh-highest U.S. market share of all cigarette brands, according to the Centers for Disease Control and Prevention and the Maxwell Report.

<span class="mw-page-title-main">Tobacco Authority of Thailand</span>

The Tobacco Authority of Thailand (TAOT), is a Thai state enterprise and the sole legal entity permitted to produce tobacco products in the country, mostly cigarettes. It was previously known as the Thailand Tobacco Monopoly (TTM), and operated as a non-juristic state enterprise under the Ministry of Finance until 14 May 2018 when it was corporatized as a juristic organization and assumed its new name.

PT Djarum is an Indonesian kretek manufacturer and conglomerate based in Kudus, Central Java. It produces dozens of domestic and international brands. Djarum Black, Super, and L.A. Lights are among the most popular products of Djarum. Under its direct parent, PT Dwimuria Investama Andalan, it has non-cigarette business lines in technology, banking, and food. The company owns the PB Djarum, a professional badminton club, the Italian football club Como, and was the main sponsor of Liga 1, Indonesia's top football league from 2005 to 2011.


Indofood Sukses Makmur Tbk or IndoFood is a producer of various foods and drinks. It is headquartered in Jakarta, Indonesia. This company was established on the 14th of August 1990 as PT Panganjaya Intikusuma, then later on the 5th of February 1994 its name was changed to Indofood Sukses Maksur. This company exports food ingredients to Australia, Asia and Europe.

<span class="mw-page-title-main">Family Smoking Prevention and Tobacco Control Act</span>

The Family Smoking Prevention and Tobacco Control Act, is a federal statute in the United States that was signed into law by President Barack Obama on June 22, 2009. The Act gives the Food and Drug Administration the power to regulate the tobacco industry. A signature element of the law imposes new warnings and labels on tobacco packaging and their advertisements, with the goal of discouraging minors and young adults from smoking. The Act also bans flavored cigarettes, places limits on the advertising of tobacco products to minors and requires tobacco companies to seek FDA approval for new tobacco products.

<span class="mw-page-title-main">Smoking in Indonesia</span>

There are approximately 61.4 million smokers in Indonesia, among a population of 273 million people. Around 63% of men and 5% of women report smoking, equating to 34% of the population. The majority, 88% of Indonesian smokers, use clove-flavoured kreteks. Kretek manufacturers directly employ over 180,000 people in Indonesia and an additional 10 million indirectly. Indonesia is the fifth largest tobacco market in the world, and in 2008 over 165 billion cigarettes were sold in the country.

<span class="mw-page-title-main">Elita (cigarette)</span> Latvian cigarette brand

Elita is a Latvian brand of cigarettes that was produced between 1967 and 2009 by the Latvian company "Rīgas Tabakas Fabrika" and later by British American Tobacco. According to the data submitted by the Latvian State Revenue Service, Elita was the most sold brand of filtered cigarettes in Latvia for about twenty years.

<span class="mw-page-title-main">Smoking in the Philippines</span>

Tobacco smoking in the Philippines affects a sizable minority of the population. According to the 2015 Global Adult Tobacco Survey (GATS) conducted under the auspices of the Philippines' Department of Health, Philippine Statistics Authority, the World Health Organization, and the United States Centers for Disease Control and Prevention, 23.8 percent of the adult population were "current tobacco smokers". This figures represented 16.6 million of 69 million adult Filipinos.

Eagle High Plantations, formerly known as BW Plantation, is an Indonesian company active in oil palm plantations and palm oil manufacturing. It is listed since 2009 on the Indonesia Stock Exchange as BWPT.

References

  1. 1 2 3 4 "2021 Annual Report" (PDF). Wismilak Inti Makmur. Retrieved 23 July 2022.
  2. WHO Report on the Global Tobacco Epidemic, 2008: the MPOWER package (PDF). Geneva: World Health Organization. 2008. ISBN   978-92-4-159628-2. Archived from the original (PDF) on March 8, 2008.
  3. Amin, Khoirul (4 May 2015). "Another year, another burden for cigarette makers". The Jakarta Post. Retrieved 11 April 2018.
  4. "Setengah abad bertahan di bisnis rokok". Kontan.co.id. 24 November 2012. Retrieved 11 April 2018.
  5. "Indonesia Stock Exchange". Indonesia Stock Exchange. Retrieved 2018-05-01.
  6. idxchannel. "Kalahkan HMSP-GGRM, Kinerja Wismilak (WIIM) Jadi Juara di Semester I". www.idxchannel.com/ (in Indonesian). Retrieved 2022-10-29.
  7. Nangoy, Fransiska (24 June 2014). "Indonesia rolls out graphic health warnings on cigarette packs". Reuters. Retrieved 11 April 2018.
  8. Cook, Erin (12 September 2017). "Sin Tax Says 'Put Down the Smokes'". Indonesia Expat. Retrieved 11 April 2018.