INDF: ICBP Contributions Significant
INDF: ICBP Contributions Significant
INDF: ICBP Contributions Significant. Indofood Sukses Makmur Tbk (INDF) recorded a performance growth in the 1H19. The growth is monitored both from the top line and bottom line of the company. President Director of INDF and Indofood CBP Sukses Makmur Tbk (ICBP), Anthoni Salim claimed to be satisfied with the good performance along 1H19. ICBP’s contribution to the parent company, INDF is quite significant. Supported by the recently passed Eid Al-Fitr period.
Indosat Awaiting New Catalyst
SRIL: US Exports Growth amidst Trade War
Textile Exports Growth amidst Trade War
As of 30 June 2019, INDF recorded net sales of IDR38.6Trn. That amount increased 7.2% from sales at 1H18 which amounted to IDR36.0Trn. Even so, INDF’s Cost of Good Sold (COGS) experienced a little extra. Last year in the same period INDF booked a COGS of IDR4.0Trn. In this year, the COGS of INDF amounted to IDR4.3trn.
Indonesia Media, Do Not Miss The Train
SUN Auction Incoming Bid Reached IDR93.39Trn
Coal Price Press Komatsu Sales
The rise of income also helped to moan the sea. It is recorded that INDF booked a profit of IDR2.6Trn. While at 1H18, the profit recorded by INDF amounted to IDR1.9Trn. The figure is equivalent to 30.1% growth. The growth is practically also mocked the net profit margin of the company Salim Group. Last year, INDF’s profitability ratio was only at 5.4%. In different, the 1H19 INDF records net margin to 6.6%.
Kalbe Farma Strong Positioning For The Future
Bank OCBC NISP Credit Opinion 2016
Economic Target of 5.2% Threatened by the Consumption Weakness
INDF also managed to maintain its liabilities in the number of IDR46.1Trn. The figure did not differ considerably with the liabilities at 1H18 ago which amounted to IDR46.6Trn. While in terms of assets, there is a thin growth of 1.2% from last year. Asset INDF As of June 30, 2019 is IDR97.4Trn. While at 1H18 only IDR96.5Trn.
Express Transindo More Cars Hit The Road
FR0068 Yield Touch Level 7.62% amidst SUN Auction
Indonesia 2012 Economics Strategy
As well as its holding company, INDF subsidiary of ICBP is also experiencing performance growth. ICBP’s net sales have also been tracked up 13.7% from IDR19.5Trn to IDR22.1Trn. ICBP’s profit has also grown significantly with two-digit growth. ICBP records a profit of IDR2.6Trn. As for last year, the profit amounted to IDR2.3Trn. With so ICBP growth reached 12.4%.
Media & Broadband, Shaky Ground Ahead
Government Bond Auction Prime in 2Q19
CPO Projection This Week
However, Anthoni did not allow some pressure to be faced by the Indofood Group for the rest of the year. The price reduction of Crude Palm Oil (CPO) continues and provides a challenge for us. We believe the results can still be positive.
