and other vehicles, the group remains at the forefront of the Southeast Asian startup ecosystem. Commitment to Social Responsibility A defining feature of Djarum’s corporate identity is the Djarum Foundation . In 2024, the foundation expanded its core initiatives:
Introduction of specialized brown and black rolling papers, heavily popularizations through the Djarum Black line. 4. The Ecosystem: Conglomerate Diversification
Production MethodologiesThe company maintains two parallel production systems to satisfy different market segments:
The acquisition of after the 1997 monetary crisis is a landmark in PT Djarum's annual report. BCA is now the largest private bank in Indonesia and the main cash cow of the Group. With assets reaching a fantastic figure and efficient operations, BCA continues to show strong performance year after year, making a significant contribution to the Hartono family's position as one of the richest people in Indonesia. annual report pt djarum
Today, under the executive leadership of and COO Victor Hartono , PT Djarum anchors Indonesia’s massive consumer manufacturing infrastructure.
Despite a global decline in smoking prevalence, Djarum has shown remarkable resilience, largely due to brand loyalty in the hand-rolled cigarette (SKT) segment and premium positioning.
2. Key Performance Indicators (KPIs) Derived from Global Corporate Intelligence and other vehicles, the group remains at the
PT Djarum's primary business remains anchored in the production and global distribution of kretek cigarettes—a distinct blend of domestic tobacco, cloves, and proprietary flavorings. The company maintains a massive manufacturing footprint divided into two major labor divisions:
While the core tobacco arm is private, the Djarum Group operates extensively in the public capital markets through listed entities. Financial performance, systemic risks, and corporate governance for these arms are thoroughly documented in their respective annual reports on the IDX:
billion in annual revenue, driven by both domestic strength and international exports. With assets reaching a fantastic figure and efficient
PT Djarum has demonstrated a very aggressive vision in facing the digital era. Through , they are developing a massive digital ecosystem, including:
PT Sarana Menara Nusantara Tbk (TOWR) operates the group’s massive telecom tower portfolio.
: Employs between 18,000 to 60,000 people depending on the specific manufacturing cycle (hand-rolled vs. machine-made). Key Leadership : Victor Hartono currently serves as the COO.
(not listed on the Indonesia Stock Exchange / IDX). Therefore, it does not publish a public annual report in the way a publicly traded company (like PT Bank Central Asia Tbk) must.