PT Gudang Garam Tbk Income Statement

Financials in millions IDR. Fiscal year is January - December.

Millions IDR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	89,369,758	98,655,483	118,952,997	124,682,692	124,881,266
Revenue Growth (YoY)	-9.41%	-17.06%	-4.59%	-0.16%	9.09%
Cost of Revenue	80,385,284	89,275,859	104,357,376	113,587,089	110,608,655
Gross Profit	8,984,474	9,379,624	14,595,621	11,095,603	14,272,611
Selling, General & Admin	6,628,247	7,469,957	7,271,320	7,253,186	7,091,558
Other Operating Expenses	-463,707	38,915	-109,604	-75,683	-163,994
Operating Expenses	6,164,540	7,508,872	7,161,716	7,177,503	6,927,564
Operating Income	2,819,934	1,870,752	7,433,905	3,918,100	7,345,047
Interest Expense	-278,212	-502,906	-578,782	-262,405	-74,919
Currency Exchange Gain (Loss)	11,823	32,708	5,693	-9,174	16,718
Pretax Income	2,553,545	1,400,554	6,860,816	3,646,521	7,286,846
Income Tax Expense	993,959	419,750	1,536,300	866,779	1,681,525
Earnings From Continuing Operations	1,559,586	980,804	5,324,516	2,779,742	5,605,321
Minority Interest in Earnings	-3,053	1	-2	-3	-6
Net Income	1,556,533	980,805	5,324,514	2,779,739	5,605,315
Net Income to Common	1,556,533	980,805	5,324,514	2,779,739	5,605,315
Net Income Growth	58.70%	-81.58%	91.55%	-50.41%	-26.71%
Shares Outstanding (Basic)	1,924	1,924	1,924	1,924	1,924
Shares Outstanding (Diluted)	1,924	1,924	1,924	1,924	1,924
Shares Change (YoY)	-0.00%	-	-	-	-
EPS (Basic)	809.00	509.75	2767.29	1444.70	2913.23
EPS (Diluted)	809.00	509.75	2767.29	1444.70	2913.23
EPS Growth	58.70%	-81.58%	91.55%	-50.41%	-26.71%
Free Cash Flow	9,128,322	3,342,061	-1,288,858	4,444,108	390,595
Free Cash Flow Per Share	4744.40	1736.96	-669.85	2309.72	203.00
Dividend Per Share	-	500.000	-	1200.000	2250.000
Dividend Growth	-	-	-	-46.67%	-13.46%
Gross Margin	10.05%	9.51%	12.27%	8.90%	11.43%
Operating Margin	3.16%	1.90%	6.25%	3.14%	5.88%
Profit Margin	1.74%	0.99%	4.48%	2.23%	4.49%
Free Cash Flow Margin	10.21%	3.39%	-1.08%	3.56%	0.31%
EBITDA	5,899,259	5,113,893	10,535,206	6,890,706	10,241,585
EBITDA Margin	6.60%	5.18%	8.86%	5.53%	8.20%
D&A For EBITDA	3,079,325	3,243,141	3,101,301	2,972,606	2,896,538
EBIT	2,819,934	1,870,752	7,433,905	3,918,100	7,345,047
EBIT Margin	3.16%	1.90%	6.25%	3.14%	5.88%
Effective Tax Rate	38.92%	29.97%	22.39%	23.77%	23.08%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.