PT Gudang Garam Tbk.

Because of the Covid-19 pandemic, Gudang

Garam (GGRM) sales volume has decreased

Any Syahputri 7201220006

 In the midst of the Covid-19 pandemic, PT Gudang Garam Tbk
(GGRM) still recorded an increase in revenue and net profit in
the first quarter of 2020. Each increased 4.1% year on year (yoy)
to Rp 27.26 trillion and 3.9% yoy to Rp 2.45 trillion. Even so,
Gudang Garam management revealed that there had been a
decrease in sales volume in the first quarter of 2020. "The sales
volume has decreased compared to 2019 due to a fairly high
increase in excise tax in 2020 and the people's purchasing power
which tends to be sluggish," said Gudang Garam management in
an information disclosure on the Indonesia Stock Exchange,
Friday (29/5).
 The outbreak of the Covid-19
pandemic since early March 2020
has made the challenges even more
difficult. The reason is, people's
purchasing power is increasingly
depressed so that it will have an
impact on product demand.
"From April until now, sales volume has shown a sharp decline,"
said the management of PT Gudang Garam Tbk. Moreover, the
imposition of a new excise tariff has led to an increase in
cigarette prices. Based on research by Mirae Asset Sekuritas
Indonesia released on April 30, 2020, the average selling price of
GGRM's flagship brand can increase by 1% -2% year to date
(ytd). For example, GG International rose 1.1% to Rp 18,800 per
pack and Surya 16, which increased 2% to Rp 24,900 per pack.
Meanwhile, the average selling price of cheaper products could
increase by 8% ytd. For example, Surya Pro Mild increased
8.2%, from IDR 18,400 per pack to IDR 19,900 per pack, GG
Signature Mild 16 increased by 7.6% to IDR 19,900 per pack
from IDR 18,500 per pack, and the price of GG Surya PRO 16
which increased by 7.6% from Rp 18,500 per pack to Rp 19,900
per pack.
 Therefore, Gudang Garam management will be on standby and
continue to closely monitor the situation related to Covid-19.
Gudang Garam also strives to ensure compliance with health
protocols issued by the Ministry of Health and the World Health
Organization (WHO). GGRM also facilitates rapid tests for
distribution employees, especially those dealing directly with
customers. For employees who work from home, Gudang Garam
provides the infrastructure needed so that employees can do their
jobs as much as possible.
The percentage of salt warehouse
companies during the Covid 19
pandemic, namely:
 based on the data I searched on the internet on Wednesday,
March 17, 2021, the salt warehouse company decreased by 8.8
percent, then on Monday 17 August 2020 PT Gudang Garam Tbk
announced a decrease in cigarette sales volume in the first half of
2020. The decline occurred as much as 8 , 8% over the previous
year. Corporate Secretary Heru Budiman explained that the
current cigarette sales volume reached 42.5 billion sticks,
whereas in the first semester of the previous year it could reach
46.6 billion sticks. In addition, the price of cigarettes is more
expensive than the previous year due to the increase in cigarette
excise tax at the beginning of the year.
 introduction from PT. Gudang Garam, namely; said Gudang
Garam management in an information disclosure on the
Indonesia Stock Exchange, Friday (29/5), In the midst of the
Covid-19 pandemic, PT Gudang Garam Tbk (GGRM) still
recorded an increase in revenue and net profit in the first quarter
of 2020. Each increased 4.1% year on year (yoy) to Rp 27.26
trillion and 3.9% yoy to Rp 2.45 trillion. Even so, Gudang Garam
management revealed that there had been a decrease in sales
volume in the first quarter of 2020. "The sales volume has been
compared to 2019 due to a fairly high increase in excise tax in
2020 and the people's purchasing power which tends to to be
sluggish.
 part of several parangraf explaining the point points of PT
Gudang Garam, namely on Friday, 5/29, said the management of
PT Gudang Garam in an information disclosure on the Indonesia
Stock Exchange, Friday (29/5), In the midst of the Covid-19
pandemic, PT Gudang Garam Tbk (GGRM) still recorded an
increase in revenue and net profit in the first quarter of 2020.
Each increased 4.1% year on year (yoy) to Rp 27.26 trillion and
3.9% yoy to Rp 2.45 trillion. Even so, Gudang Garam
management revealed that there had been a decrease in sales
volume in the first quarter of 2020. The outbreak of the Covid-19
pandemic since early March 2020 has made the challenges even
more difficult. "From April until now, sales volume has shown a
sharp decline," said the management of PT Gudang Garam Tbk.
Moreover, the imposition of a new excise tariff has led to an
increase in cigarette prices. Based on research by Mirae Asset
Sekuritas Indonesia released on April 30, 2020, the average
selling price of GGRM's flagship brand can increase by 1% -2%
year to date (ytd).
For example, GG International rose 1.1% to Rp 18,800 per pack
and Surya 16, which increased 2% to Rp 24,900 per pack.
Meanwhile, the average selling price of cheaper products could
increase by 8% ytd. For example, Surya Pro Mild increased
8.2%, from IDR 18,400 per pack to IDR 19,900 per pack, GG
Signature Mild 16 increased by 7.6% to IDR 19,900 per pack
from IDR 18,500 per pack, and the price of GG Surya PRO 16
which increased by 7.6% from Rp 18,500 per pack to Rp 19,900
per pack. Therefore, Gudang Garam management will be on
standby and continue to closely monitor the situation related to
Covid-19.
 Conclusion from PT Gudang Garam, namely; The management
of PT Gudang Garam will be on standby and continue to closely
monitor the situation related to Covid-19. And PT Gudang
Garam also strives to ensure compliance with health protocols
issued by the Ministry of Health and the World Health
Organization (WHO). GGRM also facilitates rapid tests for
distribution employees, especially those dealing directly with
customers. For employees who work from home, Gudang Garam
provides the infrastructure needed so that employees can do their
jobs as much as possible.
Thanks…