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email interview Vera Holyrod, travel writer
Based on information obtained from the Companies Commission of Malaysia, JTI Malaysia posted a 20.9% decline in net profit to RM125.01 million for the financial year ended Dec 31, 2015 (FY15), from RM158.12 million the previous year, while revenue slipped by a marginal 0.2% to RM1.406 billion in FY15 from RM1.409 billion in FY14.
Chinas Ministry of Finance announced in May 2015 to raise cigarette taxation from the previous 5 percent to 11 percent, which led to a reduction in cigarette sales for the first time in 20 years, according to the report
Cell 181 , 281292 (2020)
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