• Consolidated net sales increased 13.9% to Rp11.26 trillion
• Income from operations increased 14.0% tp Rp1.96 trillion
• Income for the period attributable to equity holders of the parent entity increased 10.2% to Rp1.34 trillion 

 

Jakarta, 30 April 2019 – PT Indofood CBP Sukses Makmur Tbk (“ICBP” or the “Company”) today announced its financial results for the period ended 31 March 2019. ICBP posted consolidated net sales growth of 13.9% to Rp11.26 trillion from Rp9.88 trillion in the same period last year. 

 

Income from operations grew 14.0% to Rp1.96 trillion from Rp1.72 trillion, and operating margin was stable at 17.4%. Income for the period attributable to equity holders of the parent entity increased 10.2% to Rp1.34 trillion from Rp1.21 trillion in the first quarter of 2018 and net margin was at 11.9%. 

 

Anthoni Salim, the President Director and Chief Executive Officer of ICBP, said: “In general, market conditions remains challenging for us. With our continuous efforts to penetrate the market and implement integrated marketing strategy, ICBP delivered a good performance in the first quarter of 2019. Going forward, we will continue to execute our strategies and initiatives while constantly driving efficiencies in order to achieve our objective, to sustain our growth”.

 

 

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