Pt Ultrajaya Milk Industry & Trading Company Tbk Reports Earnings Results for the Nine Months Ended September 30, 2020
November 30, 2020 at 05:57 am EST
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PT Ultrajaya Milk Industry & Trading Company Tbk announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was IDR 4,454,435 million compared to IDR 4,585,139 million a year ago. Operating income was IDR 1,123,334 million compared to IDR 993,738 million a year ago. Net income was IDR 973,711 million compared to IDR 814,318 million a year ago. Basic earnings per share was IDR 84 compared to IDR 70 a year ago.
PT Ultrajaya Milk Industry & Trading Company Tbk, formerly PT Ultrajaya Milk Industry Tbk, is an Indonesia-based company. The Company is engaged in the food and beverage industry. In the beverage section, the Company produces various beverages like milk, fruit juices, tea, traditional drink and health drink, that are manufactured with the ultra-high temperature (UHT) technology and packaged in aseptic packaging material. In the food section, the Company produces sweetened condensed milk, powder milk and tropical fruit juice concentrate. The Company markets all its products by direct selling, indirect selling, and by modern trade. The Companyâs products categories include UHT Fresh Milk, UHT Tea Drink, UHT Health Drink and Sweetened Condensed Creamer. The UHT Fresh Milk product includes Ultra Milk Full Cream, Ultra Milk Low Fat Source of Calcium, Ultra Milk Flavor and Ultra Mimi. The UHT Tea Drink product provides Teh Kotak Jasmine Tea and Teh Kotak Flavor Tea.