Home >
Home Investor Relations Press Releases
< Archive
31 August 2009
INDOFOOD’S FIRST HALF 2009 FINANCIAL RESULT

INDOFOOD’S FIRST HALF 2009 FINANCIAL RESULT


Jakarta, 31 August 2009 - PT Indofood Sukses Makmur Tbk (“Indofood”) today announced its financial results for the first semester ended June 30, 2009. Indofood recorded consolidated net sales of Rp18.22 trillion; declined 3.7% from Rp18.92 trillion in the same semester last year mainly due to the decline in CPO price, despite higher volume sales achieved by Consumer Branded Product  (“CBP”) and Bogasari Groups.

The Consumer Branded Product Group, which consists of Noodles, Dairy, Food Seasoning, Snack Foods, Nutrition & Special Foods Division, contributed 43% to consolidated net sales, an increase from 30% in the same period last year, partly driven by increase sales volume across the divisions.

Bogasari Group contributed 30% to consolidated net sales, unchanged from the same period last year. Contribution from Agribusiness Group declined to 19% from 28% due to lower CPO and rubber prices. Contribution from Distribution Group also declined to 7.4% from 11.4% principally because the dairy sales is now included in the CBP Group.

Gross profit declined 2.5% to Rp4.86 trillion from Rp4.99 trillion, while operating profit declined to Rp2.22 trillion from Rp2.50 trillion. Gross margin and operating margin was 26.7% and 12.2% respectively. Net profit declined to Rp799.7 billion from Rp811.2 billion. Core profit declined to Rp595.2 billion from Rp826.0 billion in the same period last year as a result of lower operating profit.

Anthoni Salim, the President Director and Chief Executive Officer of Indofood, said: “Lower inflation rate has positively impacted domestic consumer purchasing power; demand for most of our products is stronger as compared with the same period last year. Amidst the improving global economic climate, demand for CPO is expected to remain resilient for the rest of 2009. Supported by our resilient business model, we remain positive that we will continue to deliver sustainable results to our stakeholders.”

--- End ---


About PT Indofood Sukses Makmur Tbk

PT Indofood Sukses Makmur Tbk (“Indofood”) (IDX: INDF) is a leading processed food company in Indonesia. Indofood provides total food solutions through its four strategic business groups: consumer branded products (CBP), Bogasari (flour producer), agribusiness, and distribution. Indofood’s strongest legacy today is the strength of its brands, many of which have been companions to the people of Indonesia for nearly two decades. These include a variety of brands of instant noodles (Indomie, Supermi and Sarimi), wheat flour (Segitiga Biru, Kunci Biru and Cakra Kembar), cooking oils (Bimoli), margarine (Simas Palmia) and shortenings (Palmia). The acquisition of Indolakto, one of the leading processed milk producers (Indomilk) has positioned Indofood as the Progressive Total Food Solutions company. Indofood brands continue to be the market leaders in their specific segments with a reputation for quality and value for money that remains unrivalled.

For further information, please contact:
PT Indofood Sukses Makmur, Tbk
Werianty Setiawan
Director & Corporate Secretary
Tel: +62 21 5795 8822 ext. 1215
Email: werianty@indofood.co.id

Share Price Graphic

INDF Rp. 4550
Change -0.005 (03 Sept 2010)
Volume 19.271.307.000
Weekly Update : 07 Sept 2010


Contact Investor Relations
Contact Us - Investor Relations :
  Clara Suraya / Lanawati
PT Indofood Sukses Makmur Tbk
Sudirman Plaza
Indofood Tower, 27th Floor
Jl. Jenderal Sudirman Kav. 76 - 78
Jakarta 12910, Indonesia
P : 62 - 21 - 5795 8822
F : 62 - 21 - 5793 7373
E : clara.suraya@indofood.co.id
E : lanawati@indofood.co.id

 
Contact Us - Corporate Secretary :
  Hery Kurniawan
PT Indofood Sukses Makmur Tbk
Sudirman Plaza
Indofood Tower, 27th Floor
Jl. Jenderal Sudirman Kav. 76 - 78
Jakarta 12910, Indonesia
P : 62 - 21 - 5795 8822
F : 62 - 21 - 5793 7373
E : hery.kurniawan@indofood.co.id
 

 

©2008 PT Indofood Sukses Makmur Tbk. |  English | Bahasa Indonesia Company Info | Contact Us