Indofood Sales Growth 6.5%

PT Indofood Sukses Makmur, Tbk (INDF IJ) reported its performance growth during 9M17 amounted to 6.5% YoY compared to same period 2016. The company’s net sales increased from IDR49.87trn in 9M16 became IDR53.12trn in the same period this year. Consumer product group, bogasari, agribusiness, and distribution of each contribute about 50%, 22%, 20% and 8% to the total sales net consolidated. The company’s operating income increased from IDR5.93trn became IDR6.8trn, or growth 14.6% YoY, while operating income margin increase from 11.9% to 12.8%.

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