Press Releases
Indofood’s Full Year Financial Results For The Year Ended 31 December 2020


• Consolidated net sales increased 7% to Rp81.73 trillion
• Income from operations increased 31% to Rp12.89 trillion
• Core profit increased 22% to Rp5.96 trillion


Jakarta, 23 March 2021 – PT Indofood Sukses Makmur Tbk (“Indofood” or the “Company”) today announced its full year financial results for the year ended 31 December 2020. The Company posted 7% growth in consolidated net sales to Rp81.73 trillion from Rp76.59 trillion last year.  


Income from operations increased 31% to Rp12.89 trillion from Rp9.83 trillion with an operating margin of 15.8%. Income for the year attributable to equity holders of the parent entity grew 32% to Rp6.46 trillion from Rp4.91 trillion, and net margin improved to 7.9% from 6.4%. Core profit increased 22% to Rp5.96 trillion from Rp4.90 trillion.



Anthoni Salim, the President Director and Chief Executive Officer of Indofood, said: “Despite the dynamics in the operating environment during 2020, Indofood has been able to deliver consistent results driven by the tenacity and resilience of Indofood’s integrated business model and consumer brands. As we embark on the next growth phase, we will continue to be vigilant in safeguarding our employees, strengthen our vertically integrated business model, build on our past achievements, and evolve the organization to address new opportunities and challenges.””


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 sugar cane, rubber 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