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Bentoel May Not Share Dividends
Bisnis Indonesia, page B2 (11-May-2006)
PT Bentoel International Investama Tbk is estimated not to share dividend this year, even though the company booked a net profit of Rp.108.17 billion last year, up 33.64 percent from Rp.80.94 billion in 2004. On of the reasons is the large need for investments this year. The sales volume that was predicted to rise more than 10 percent this year compared to last year caused Bentoel to increase its investment fund in order to add to the supply of raw materials. Last time, Bentoel shared dividends as much as Rp.2.5 per share based on 2004’s financial performance paid August 8 2005. The company has also requested additional credit from PT Bank Rakyat Indonesia Tbk as much as Rp.200 billion to anticipate the high need for investment funds this year. Meanwhile, the company’s internal fund is currently recorded at Rp.500 billion. The retail price of cigarettes that rose 10 percent has effected the price of each pack of Bentoel to increase around Rp.300 to Rp.500. However, until now the average price of Bentoel cigarettes have only increased by around 5 percent, or Rp.100 to Rp.200 per pack.
Bentoel’s Buying Capital Rp.200 Billion
Bisnis Indonesia, page B2 (26-December-2005)
PT Bentoel International Investama Tbk will provide a buying capital of Rp.200 million next year in order to continue the project of the purchasing of new machines which was initiated this year. Next year, Bentoel targets a volume of 6.5 billion cigarette sticks. Its export sales is also targeted to rise from 150 million sticks this year to 200-300 million sticks, with an export focus on Southeast Asia. Next year, Bentoel targets an income increase of 10 percent to 15 percent compared to this year’s total.

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Mr. Eddy Abdurrachman
Latest Updates 8-November-2023
Major Businessline : Holding company; Cigarette

PT. Dataindo Inti SwakarsaTelp : (62 - 21) 719 3832
3rd Floor, Gapura Raya BuildingTelp : (62 - 21) 719 3834
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Jakarta 12720, Indonesia
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