Pt Indofood Cbp Sukses Makmur Tbk Reports Earnings Results for the Full Year Ended December 31, 2020
March 22, 2021 at 09:40 pm EDT
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PT Indofood CBP Sukses Makmur Tbk announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was IDR 46,641,048 million compared to IDR 42,296,703 million a year ago. Operating income was IDR 9,201,012 million compared to IDR 7,400,117 million a year ago. Net income was IDR 6,586,907 million compared to IDR 5,038,789 million a year ago. Basic earnings per share from continuing operations was IDR 565 compared to IDR 432 a year ago.
PT Indofood CBP Sukses Makmur Tbk is an Indonesia-based consumer goods company. It offers a range of product categories, including noodles, dairy, snack foods, food seasonings, nutrition and special foods, and beverages. It also operates a packaging business that produces flexible and corrugated packaging for its products. Its Noodles Division is an instant noodles manufacturer. It operates about 30 noodle factories across Indonesia, Malaysia, Africa, the Middle East and Southeastern Europe. The Dairy Division has a range of products, including ultra-high temperature (UHT) milk, sterilized bottled milk, sterilized can milk, evaporated milk, pasteurized liquid milk, multi-cereal milk and others. The Snack Foods Division offers snacks made from potato, cassava, corn, and soybean, as well as extruded snacks. The Beverages Division produces a range of beverage products, including RTD tea, packaged water and fruit-flavored drinks marketed under the brands Ichi Ocha, Club and Fruitamin.
PT INDOFOOD CBP SUKSES MAKMUR TBK 
