Press Releases
Indofood’s Full Year Financial Results For The Year Ended 31 December 2023


• Consolidated net sales increased 1% to Rp111.70 trillion
• Income from operations remained stable at around Rp19.66 trillion
• Core profit increased 8% to Rp9.78 trillion

Jakarta, 25 March 2024 – PT Indofood Sukses Makmur Tbk (“Indofood” or the “Company”) today announced its full year financial results for the year ended 31 December 2023. The Company posted 1% growth in consolidated net sales to Rp111.70 trillion from Rp110.83 trillion last year.

Indofood recorded a stable income from operations of around Rp19.66 trillion, along with healthy margin of 17.6%. Without taking into account the non-recurring items and forex, core profit, which reflects the underlying operational performance increased 8% to Rp9.78 trillion from Rp9.06 trillion.

Anthoni Salim, the President Director and Chief Executive Officer of Indofood, said: “In a year marked by global economic shifts and distinct challenges, Indofood was able to post another solid performance in 2023, demonstrating its resilience. Looking ahead to 2024, we shall remain cautiously optimistic in the face of global uncertainties to pursue continued growth while carefully balancing between market share and profitability.”


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