Cigarette makers’ profits grew last year but 2014 will be to
Growth will not be as high as in previous years
Growth will not be as high as in previous years
The Jakarta Post - Cigarette producers reported positive performance throughout 2013 on the back of higher sales, but analysts have warned of a potential slowdown in business growth this year as the business climate gets tough.
Akhmad Nurcahyadi, an analyst at Recapital Securities, forecasts that the cigarette industry will face a tougher business climate this year with rising challenges, including a government plan to enforce a regulation requiring pictorial health warnings on all cigarette packages from June.
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