Pt Indofood Cbp Sukses Makmur Tbk Reports Earnings Results for the Nine Months Ended September 30, 2020
November 29, 2020 at 07:06 pm EST
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PT Indofood CBP Sukses Makmur Tbk announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was IDR 33,896,887 million compared to IDR 32,790,339 million a year ago. Operating income was IDR 6,424,712 million compared to IDR 5,806,871 million a year ago. Net income was IDR 3,962,793 million compared to IDR 3,885,575 million a year ago. Basic earnings per share was IDR 340 compared to IDR 333 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 
