• Consolidated net sales increased 22% to Rp28.20 trillion
• Income from operations increased 36% to Rp6.36 trillion
• Core profit increased 25% to Rp3.95 trillion
Jakarta, 25 August 2021 – PT Indofood CBP Sukses Makmur Tbk (“ICBP” or the “Company”) ”) today announced its financial results for the period ended 30 June 2021. The Company posted a 22% growth in consolidated net sales to Rp28.20 trillion from Rp23.05 trillion last year.
Income from operations increased 36% to Rp6.36 trillion from Rp4.68 trillion, and operating margin expanded to 22.6% from 20.3%. Income for the period attributable to equity holders of the parent entity decreased around 5% to Rp3.22 trillion from Rp3.38 trillion. Without taking into account non-recurring items and unrealized difference in foreign exchange rate, core profit, which reflects the underlying operational performance increased 25% to Rp3.95 trillion from Rp3.16 trillion.
Anthoni Salim, the President Director and Chief Executive Officer of ICBP, said: “Although the pace of the global economic recovery remains uncertain due to the continuation of the pandemic, our results for the first half of 2021 shows positive underlying operational performance. Looking forward, we will continue to focus on strengthening our operational excellence, and maintaining the resilience of our integrated business model and the safety of our employees.”
About PT Indofood CBP Sukses Makmur Tbk
ICBP is one of the established and leading players in the consumer branded products sector. We are engaged in diverse business categories, including noodles, dairy, snack foods, food seasonings, nutrition and special foods, and beverages. ICBP also operates a packaging business, producing flexible and corrugated packaging for our products.
We provide everyday solutions for consumers of all ages across market segments, with more than 30 leading product brands. Many of these brands enjoy significant market positions in Indonesia, backed by decades of trust and loyalty from millions of consumers.
ICBP’s business operations are supported by more than 60 plants located in key areas across Indonesia, enabling us to stay closer to our customers and ensure product freshness and availability. Most of our products are easily available in general and modern trade across the archipelago. We are fully supported by Indofood’s extensive distribution network in Indonesia to meet consumer demands in a timely and efficient manner.
Besides Indonesia, ICBP also exports its products worldwide. As part of our core business expansion strategy, ICBP acquired Pinehill Company Limited, an instant noodle producer with more than 20 manufacturing facilities in Africa, Middle East and South Eastern Europe, making ICBP one of the world’s largest instant noodle producers with a strong market share globally.
For further information, please contact:
Gideon A. Putro
PT Indofood CBP Sukses Makmur Tbk
Tel: +6221-5795 8822
Fax: +6221-5793 7373