Djarum Group Annual Report |link| Full

Premium property developments and luxury hotel chains.

: While tower revenue grew by 2.9% year-on-year by mid-2024, non-tower revenue (like its ISP business) jumped by 10% , providing a buffer against market fluctuations. djarum group annual report full

The Djarum Group, founded by Oei Wie Gwan in 1951, has transformed from a humble Indonesian cigarette manufacturer into a diverse multinational conglomerate. Led by the Hartono family—consistently ranked as the wealthiest in Southeast Asia—the group commands a portfolio that spans tobacco, banking, electronic goods, e-commerce, and high-end property development. Premium property developments and luxury hotel chains

Disclaimer: The author does not hold positions in Djarum related entities but utilizes this methodology for macroeconomic research. Led by the Hartono family—consistently ranked as the

Djarum Group’s influence is most visible through its listed entities, which provide detailed public reporting. :

Integrating ESG (Environmental, Social, and Governance) criteria into its manufacturing and banking units.