Indofood CBP Sales Growth 3.6%

PT Indofood CBP Sukes Makmur, Tbk (ICBP IJ) reported its sales revenue worth IDR27.43trn during 9M17, growth 3.6% compare to same period 2016 worth IDR26.47trn. Instant noodle division remains the biggest contributor to total sales of the company, with a percentage of around 63%, followed by dairy 20%, snacks 7%, flavouring foods 3%, and nutrients and special food 2%, and drinks 5%. While operating income is increased by 4.8% YoY or growth IDR3.97trn during 9M16 to became IDR416trn. Business profit margin slightly increased from 15.0% last year to 15.2% this year.

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