JAKARTA - PT Unilever Tbk (UNVR) recorded net sales of Rp 42.9 trillion in 2019, an increase of 4.8% compared to the previous year. This increase in sales was driven by domestic sales growth which increased 5.8% thanks to various initiatives and innovations carried out by the Company in 2019.
Sancoyo Antarikso, Director and Corporate Secretary of PT Unilever Indonesia Tbk, explained, "We are committed to providing long-term financial performance by creating a good balance between growth and margins through our sustainable business model. The Company continues to make a series of innovations in various lines of business, so that our products and services will always be relevant for consumers in the future. We also believe that these efforts will continue to support our positive long-term financial performance."
In 2019, UNVR recorded a net profit of Rp 7.4 trillion. When compared directly, the company's profit is seen to decrease compared to 2018 which was recorded at Rp 9.1 trillion. This is because in 2018, the company obtained an irregular (once-off gain) profit from the Spreads category divestment of Rp 2.1 trillion and there was still profit from the Spreads category of Rp 200 billion. (LM)