Press Releases
Indofood’s Full Year Financial Results For The Year Ended 31 December 2022


• Consolidated net sales increased 12% to Rp110.83 trillion
• Income from operations increased 16% to Rp19.69 trillion
• Core profit increased 12% to Rp9.06 trillion

Jakarta, 27 March 2023 – PT Indofood Sukses Makmur Tbk (“Indofood” or the “Company”) today announced its full year financial results for the year ended 31 December 2022. The Company posted 12% growth in consolidated net sales to Rp110.83 trillion from Rp99.35 trillion last year.

Income from operations increased 16% to Rp19.69 trillion from Rp16.91 trillion, and operating margin expanded to 17.8% from 17.0%. Core profit which reflects the underlying operational performance increased 12% to Rp9.06 trillion from Rp8.07 trillion.

Anthoni Salim, the President Director and Chief Executive Officer of Indofood, said: “2022 has been undeniably challenging, with rising geopolitical tension, high inflation and escalating commodity prices headlining the market uncertainties. Nonetheless, Indofood ended FY2022 on a positive note supported by our resilient business model. For the year ahead, our growth strategy will be to continue to balance our market share with profitability and maintaining a healthy balance sheet.”


About PT Indofood Sukses Makmur Tbk
Indofood is 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. It is renowned as a well-established company and a leading player in many business categories 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
    Bogasari Group is primarily a producer of wheat flour as well as pasta, with business operations supported by its own shipping and packaging units.


    • Agribusiness
    Agribusiness 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, Distribution 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