From the Grand Indonesia shopping mall in Jakarta to the sprawling BSD City smart city, the report shows a real estate portfolio that acts as a hard asset hedge against the volatility of sin taxes.
Disclaimer: This article is based on information available as of mid-2026. As Djarum Group is a private entity, a full official, audited annual report may not be publicly available in its entirety. Data points are aggregated from public news, regulatory filings of subsidiaries, and available corporate announcements.
For researchers, investors, and business analysts searching for the the most critical element to understand is the group's unique reporting structure. Unlike a typical publicly traded corporation that issues a single annual report, the Djarum Group’s parent and holding vehicle, PT Dwimuria Investama Andalan (DIA) , serves as the nexus for its vast business empire. Analyzing the "full" picture requires examining the financial statements of its parent company alongside the annual reports of its major publicly traded subsidiaries on the Indonesia Stock Exchange (IDX), primarily Bank Central Asia (BBCA) , PT Sarana Menara Nusantara Tbk (TOWR) , and various private holdings.
A long-standing commitment to nurturing badminton talent in Indonesia, contributing significantly to national sporting success, including Olympic medals. 6. Future Outlook & Strategic Direction djarum group annual report full
This is the foundation of the Hartono family’s wealth. As a private company, PT Djarum does not publish a public annual report.
One of Indonesia's top three producers, holding nearly 20% of the domestic market. Through its majority stake in BCA. Digital/E-commerce: Through the "Blibli" ecosystem. Consumer Goods & Electronics:
(Next: I will suggest related search terms that may help locate company filings.) From the Grand Indonesia shopping mall in Jakarta
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But if you ask a financial analyst, they will tell you a different story. According to the , the company hasn’t been a "cigarette company" for over a decade. It is, in fact, one of Southeast Asia’s most aggressive, silent, and diversified conglomerates—a digital predator dressed in tobacco clothing.
The annual report is a ledger of contradictions: a company that harms lungs but builds schools; that sells cloves but codes software; that is a century-old family business yet runs the most advanced digital banks in Asia. Data points are aggregated from public news, regulatory
The Djarum Group operates across diverse industries, with each segment managed under the oversight of the , which includes the next generation of leadership (Victor, Martin, Armand, Stefanus, Vanessa, Natalia, and Roberto Hartono). 1. PT Djarum (Tobacco and Consumer Goods)
While a "full" group report is unavailable, recent data points indicate steady growth across its major business lines:
Traditional and machine-made kretek (clove) cigarettes, plus food and beverage brands under Savoria .
The Djarum Group operates through an intricate web of private parent companies and publicly traded subsidiaries. Control rests primarily with the Hartono family—led by brothers Robert Budi Hartono and Michael Bambang Hartono—who consistently rank among the wealthiest individuals in Asia. Core Business Pillars