PT Indonesian Tobacco Tbk
ITIC.JK
Indonesia Stock Exchange212.00
IDR
-8.00
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PT Indonesian Tobacco Tbk
ITIC.JK
(Indonesia Stock Exchange)
Recent
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212.00
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div
yld
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ROIC.AI
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- Business
- PT Indonesian Tobacco Tbk PT Indonesian Tobacco Tbk manufactures and sells roll-your-own tobacco products, including sliced tobacco for roll-your-own cigarettes, tingwe tobacco, shag tobacco, and self-rolled tobacco packaged with custom excise tax stamps; its core brands comprise Pohon Sagu, Kuda Terbang, Anggur Kupu, Lampion Lilin, Manna, Bunga Sakura, Papillon Clove, Butterfly Black, and Papillon, utilizing superior quality national raw tobacco leaves to maintain affordable pricing and nearly 80% national market share in Indonesia's roll-your-own segment over seven decades. The company, founded in 1955 and headquartered in Malang, East Java, Indonesia, at Jl. Letjen S. Parman No. 92, operates with an annual production capacity of 1,800 tonnes, serving domestic markets across Papua, Nusa Tenggara, Kalimantan, Sulawesi, Sumatera, Maluku, and Java, while exporting to Malaysia, Singapore, Japan, Aruba, and India. In recent developments, PT Indonesian Tobacco Tbk listed on the Indonesia Stock Exchange in July 2019 under ticker ITIC, expanded its international sales network into India at the end of 2024, achieved ISO 9001, ISO 14001, and ISO 45001 certifications to enhance management credibility, and saw controlling shareholder Djonny Saksono increase his stake to 67.91% in 2025.