Pt Indofood Cbp Sukses Makmur Tbk Reports Earnings Results for the Half Year Ended June 30, 2020
August 03, 2020 at 06:03 am EDT
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PT Indofood CBP Sukses Makmur Tbk announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was IDR 23,047,433 million compared to IDR 22,130,104 million a year ago. Operating income was IDR 4,677,273 million compared to IDR 3,849,377 million a year ago. Net income was IDR 3,378,031 million compared to IDR 2,574,638 million a year ago. Basic earnings per share was IDR 290 compared to IDR 221 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 
