Key insights and market outlook
PT Hatten Bali Tbk (WINE) remains optimistic about its 2026 business prospects despite new Ministry of Finance Regulation No. 89/2025 tightening alcoholic beverage supervision. The company believes the new regulation will have a limited impact on its performance as it has always operated in compliance with excise regulations. Hatten Bali is targeting sustainable growth in 2026, with adjustments mainly at the operational level.
PT Hatten Bali Tbk (WINE), a producer of alcoholic beverages, remains positive about its business prospects for 2026 despite the implementation of new regulations tightening supervision on alcoholic drinks. The company believes that the Ministry of Finance Regulation No. 89/2025 will have a limited impact on its operations as it has always complied with excise regulations.
According to Ketut Sumarwan, the company's Financial Director, the new regulation will not change Hatten Bali's main business strategy. "For us as a publicly listed company, the implementation of this PMK doesn't change our main business strategy. The adjustments are more operational, while our 2026 performance target remains focused on sustainable growth," Ketut explained.
Hatten Bali is targeting sustainable growth in 2026, building on its compliance with existing regulations and its experience in managing regulatory changes. The company's management is confident that their preparations and existing compliance framework will help mitigate any potential negative impacts from the new regulation.
As a company that has operated in accordance with excise regulations since its inception, Hatten Bali is well-positioned to navigate the new regulatory environment. The management's confidence stems from their existing compliance practices and their ability to make necessary operational adjustments.
New Excise Regulation Implementation
Sustainable Growth Target