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How to be a smoke free country in 7-8 years ? Even end game policy ( the strictest to restrict number of smokers) being delayed n the government need tax income from cigarettes n those vapes… If illicit cigarettes being reduced , quarterly net profit should maintain at 60-62million or even goes higher …
Just like like less and subscribers in Astro. Many youngsters nowadays don't smoke . More and more old smokers all died of lung cancer, and business is doomed for Bat.
Edmund,even developed countries, those giant tobacco companies still selling cigarettes n making profits … it is truth maybe zero growth for revenue after 1 year ( illicit cigarettes the main factor ), but strictest policy like end game for those born in 2010 still need time to cut number of smokers dramatically…. Vape market share another battlefield , need to study n know what is happening …