PT Wismilak Inti Makmur Tbk, commonly known as Wismilak, is an

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...

n holding company of cigarette producer PT Gelora Djaja and cigarette distributor PT Gawih Jaya, and the fourth-largest Indonesian tobacco manufacturer after

Gudang Garam PT Perusahaan Rokok Tjap Gudang Garam Tbk ( Republican spelling Indonesian for "Salt Warehouse brand Cigarette Company"), trading as PT Gudang Garam Tbk, is an Indonesian tobacco company, best known for its ''kretek'' (clove cigarette) product ...

. With

tobacco Tobacco is the common name of several plants in the genus '' Nicotiana'' of the family Solanaceae, and the general term for any product prepared from the cured leaves of these plants. More than 70 species of tobacco are known, but the ...

being

addictive Addiction is a neuropsychological disorder characterized by a persistent and intense urge to engage in certain behaviors, one of which is the usage of a drug, despite substantial harm and other negative consequences. Repetitive drug use oft ...

and the single greatest cause of preventable death globally, the company has had to contend with rising taxes, health warnings and tougher labeling regulations.

History

Wismilak's origin has started by Gelora Djaja when it was established in

Surabaya Surabaya ( jv, ꦱꦸꦫꦧꦪ or jv, ꦯꦹꦫꦨꦪ; ; ) is the capital city of the Provinces of Indonesia, Indonesian province of East Java and the List of Indonesian cities by population, second-largest city in Indonesia, after Jakarta. L ...

East Java East Java ( id, Jawa Timur) is a Provinces of Indonesia, province of Indonesia located in the easternmost hemisphere of Java island. It has a land border only with the province of Central Java to the west; the Java Sea and the Indian Ocean bord ...

, on September 12, 1962, by Lie Koen Lie and Oei Bian Koen Hok with just 10 employees. The company has been listed on the

Indonesia Stock Exchange Indonesia Stock Exchange (IDX) ( id, Bursa Efek Indonesia, formerly nl, Vereniging voor de Effectenhandel) is a stock exchange based in Jakarta, Indonesia. It was previously known as the Jakarta Stock Exchange (JSX) before its name changed in 2 ...

since 18 December 2012 under the symbol "WIIM". In 2022, Wismilak's net profit increased by 30.33 percent again, to IDR82.16 billion. In fact, in the same period in 2021, WIIM's net profit was only IDR 63.04 billion. The growth of Wismilak's net profit occurred in the midst of the collapse of the net profits of the country's largest cigarette issuers.

Health warnings and sales

Following the introduction of graphic health warnings on cigarette packets in Indonesia in 2014, several tobacco companies recorded declines in sales. Wismilak corporate secretary Surjanto Yasaputera had initially expressed hope the company would remain on target to increase sales by 20% to 25% in 2014. Wismilak's sales reportedly fell 15.7%, or Rp.760.7 billion (US$57 million), year-on-year from January to July 2017.

Brands

Hand-rolled clove cigarettes

* Wismilak Special * Wismilak Dirgha * Wismilak Satya * Galan Kretek * Galan Prima

Hand-rolled clove slim cigarettes

* Wismilak Slim * Galan Slim

Machine-made full flavor clove cigarettes

* Wismilak Filter * Wismilak Diplomat * Galan Filter * Galan International

Machine-made light mild clove cigarettes

* Galan Mild * Diplomat Mild * Diplomat Mild Menthol * Diplomat Impact * Diplomat Evo * Fun Mild

Cigar

* Wismilak Premium Cigar

References

External links

* {{Official website, https://www.wismilak.com/ 1994 establishments in Indonesia 2012 initial public offerings Companies based in Surabaya Companies listed on the Indonesia Stock Exchange Holding companies established in 1994 Indonesian brands Manufacturing companies established in 1962 Manufacturing companies of Indonesia Tobacco companies of Indonesia