Indofood CBP Sukses Makmur, Tbk (ICBP IJ) entered the ranks of the top 10 largest stock market capitalization. Although stock analysts according to ICBP is attractive, there are some.
Read More...Indofood ICB Sukses Makmur, Tbk (ICBP:IJ) prepares USD20Mn funds in order to increase its ownership in two subsidiaries, which are joint venture company with Asahi Group Holdings Southeast Asia Pte Ltd. Asahi intends to sell a 51% stake in Asahi Indofood Beverage Makmur, and about 49% stake in Indofood Asahi Success.
Read More...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.
Read More...We upgrade the media sector to OVERWEIGHT (from Neutral) on the economy’s potential recovery, driven by government support in boosting consumption. The media industry’s long-term growth outlook remains strong, as TV dominates the ad spend market. Meanwhile, online companies have helped improve the growth of media operators via aggressive ad spending on TV stations. We.
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