Press Releases
31
Oct
2018
Indofood's Financial Results for the Periode Ended 30 September 2018
Consolidated net sales increased to Rp54.74 trillion
Income from operations increased to Rp6.79 trillion
Income for the periode attributable to equity holders of the parent entity was Rp2.82 trillion

 

Jakarta, 31 October 2018 – PT Indofood Sukses Makmur Tbk (“Indofood” or the “Company”) today announced its financial results for the period ended 30 September 2018. The Company posted 3.1% growth in consolidated net sales to Rp54.74 trillion from Rp53.12 trillion in the same period last year. 

 

Income from operations increased 1.4% to Rp6.79 trillion from Rp6.70 trillion, and operating margin slightly declined to 12.4% from 12.6%. Income for the period attributable to equity holders of the parent entity declined 13.6% to Rp2.82 trillion from Rp3.26 trillion in the same period last year; net income margin declined to 5.2% from 6.1%. Core profit declined 9.8% to Rp2.93 trillion from Rp3.25 trillion. 

 

Anthoni Salim, the President Director and Chief Executive Officer of Indofood, said “CPO price remains to be a challenge to our overall performance. On a positive note, we managed to record top line growth in the nine months period of this year with notable acknowledgement to the solid performance of CBP Group.”

 

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About PT Indofood Sukses Makmur Tbk
 
Over the last two decades, Indofood has progressively transformed into a Total Food Solutions company with operations in all stages of food manufacturing, from the production of raw materials and their processing, to consumer products in the market. Today, it is renowned as a well-established company and a leading player in each business category in which it operates. In its business operations, Indofood capitalizes on economies of scale and a resilient business model with four complementary Strategic Business Groups (“Group”), namely:
 
  • Consumer Branded Products (“CBP”)
  • Supported by the strength of its product brands, the Group produces a diverse range of consumer branded products including noodles, dairy, snack foods, food seasonings, nutritional and specialty foods, and beverages.

    • Bogasari

    The Group is primarily a producer of wheat flour as well as pasta, with business operations supported by its own shipping and packaging units.

    • Agribusiness

    The Group’s principal activities range from research and development, seed breeding, oil palm cultivation and milling, to the production and marketing of branded cooking oils, margarine and shortening. The Group also cultivates and processes rubber, sugar cane and other crops. 

    • Distribution

    With the most extensive distribution network in Indonesia, the Group distributes the majority of the consumer products manufactured by Indofood and its subsidiaries, as well as by third parties, to the market.

     

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For further information, please contact:

Victor Suhendra
Corporate Secretary
PT Indofood Sukses Makmur Tbk
Tel : +6221 5795 8822
Fax: +6221 5793 7373
Email: victor.suhendra@indofood.co.id