Indonesia
INDONESIAN WINE PRODUCER HATTEN BALI'S REVENUE INCREASED IN 2024
PT Hatten Bali Tbk (WINE), an Indonesian wine producer, reported a revenue increase of 11.9% in 2024, reaching IDR 283.98 billion compared to IDR 253.68 billion in 2023. The growth was driven by higher sales in its main product segment, with wine sales rising from IDR 264.7 billion to IDR 293.8 billion, and alcohol sales increasing from IDR 19.2 billion to IDR 20.2 billion. According to WINE Director Ketut Sumarwan, 2024 was a year of strategic growth and operational excellence, demonstrating the company’s commitment to profitability and market expansion. The company also saw improvements in financial performance, with gross profit rising from IDR 115.79 billion to IDR 129.29 billion, and operating profit increasing from IDR 50.90 billion to IDR 61.31 billion. Net profit for the year reached IDR 44.90 billion, up from IDR 39.76 billion in 2023, reinforcing WINE’s focus on financial sustainability. Additionally, the company maintained an equity position of IDR 306.73 billion, ensuring financial stability. In 2024, WINE expanded its product portfolio with the launch of Two Islands Prosecco, a premium sparkling wine aimed at meeting the rising demand for high-quality local beverages.Source: https://money.kompas.com/read/2025/03/27/180352726/emiten-produsen-wine-hatten-bali-raup-pendapatan-rp-28398-miliar-pada-2024 (ICE GIACARTA)
Fonte notizia: KOMPAS, 27 March 2025
