British American Tobacco Malaysia (BAT) announces that cigarette prices are going back to what they used to be before the price hike on September 8th this year.
“Our last price increase was to alleviate mounting inflationary cost pressure amplified by progressive loss of legal domestic volumes over the years to illegal trade, decline in contract manufacturing volume and an overall competitive trade and distribution channels,” said Stefano Clini who is the managing director.
“However, in order to remain competitive, we have decided to revert to our prices before September 8.”
Thanks to the revision of prices, a pack of 20s of Dunhill, Kent and Benson & Hedges will be back to RM12. Peter Styvusent and Pall Mall will be sold at RM10.50 per pack and brands like Lucky Strike Plan and Rothman Internationals are priced at RM12.50.