Mayora Indah’s Net Profit Growth 35% YoY

By administrator | August 1, 2018 | Consumer Goods.

Mayora Indah, Tbk (MYOR:IJ) booked IDR268Bn net profit in 2Q18, bringing up its 1H18 net profit to IDR736Bn that was accounting for 42% of FY18 consensus. This is above expectation because its 1H17 net profit was only accounting for 34% of its FY17 figure. Revenue in 2Q18 was recorded at IDR5.4Trn, slightly the same as its 1Q18 figure.

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