Press Releases
Indofood’s Full Year Financial Results For The Year Ended 31 December 2019


• Consolidated net sales increased 4% to Rp76.59 trillion
• Income from operations increased 8% to Rp9.83 trillion
• Core profit increased 23% to Rp4.90 trillion


Jakarta, 23 March 2020 – PT Indofood Sukses Makmur Tbk (“Indofood” or the “Company”) today announced its full year financial results for the year ended 31 December 2019. The Company posted 4% growth in consolidated net sales to Rp76.59 trillion from Rp73.39 trillion last year. 


Income from operations increased 8% to Rp9.83 trillion from Rp9.14 trillion with operating margin of 12.8%. Income for the year attributable to equity holders of the parent entity grew 18% to Rp4.91 trillion from Rp4.17 trillion, and net margin improved to 6.4% from 5.7%. Core profit increased 23% to Rp4.90 trillion from Rp3.99 trillion



Anthoni Salim, the President Director and Chief Executive Officer of Indofood, said: “Indofood has shown its resilience as a Total Food Solutions Company through positive growth both in top line and bottom line despite the headwinds that arose from weak commodity prices. Going forward, we will continue to focus on bolstering competitiveness by developing strong brand equities and ensuring continuous product innovation; expanding our distribution networks; and investing in continuous productivity and efficiency enhancements.”


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 products, snack foods, food seasonings, nutrition and special 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.



    For further information, please contact:

Victor Suhendra
Corporate Secretary
PT Indofood Sukses Makmur Tbk
Tel : +62 21 5795 8822
Fax: +62 21 5793 7373