| FMCG - Cigarettes | Manufacture and sale of cigarettes and related FMCG products. | Established brand, manufacturing expertise, and export networks provide competitive moat. | B2C tobacco consumers and B2B distributors domestically and internationally. | Export sales and premium cigarette products yield higher margins. | 29 | 70 | Revenue from product sales mainly to retail distributors and export customers. | Direct sales based on market pricing; export contributes significant revenue. | Growing export demand and domestic market presence driving cigarette segment growth. | NTC Cigarettes |
| Rental Income | Leasing of commercial and residential properties owned by the company. | Owned asset base offering steady, diversified income stream separate from manufacturing. | B2B and B2C tenants in commercial and residential sectors. | Low maintenance leased commercial properties yield higher profitability. | 14 | 30 | Recurring rental income from property tenants. | Long-term lease agreements with steady rental cash flows. | Real estate portfolio expansion and stable occupancy rates support revenue. | |
