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Ultrajaya records a net profit growth of 11.8% in H1 2021

30 July 2021 12:56

JAKARTA. PT Ultrajaya Milk Industry & Trading Company Tbk (ULTJ) reported its net profit to reach IDR 660.29 billion in H1 2021. This number is 11.8% higher than the gain reported in the same period last year.

In a financial report published today (30/7), the net profit growth of Ultrajaya is supported by its sales that amount to IDR 3.06 trillion. It grows slightly by 1.66% year-on-year (yoy).

As an additional note, the domestic market sales contribute IDR 3.36 trillion to the total sales of Ultrajaya in H1 2021. Meanwhile, the export activities bring in IDR 7.85 billion.

Until June 30, 2021, Ultrajaya’s assets accumulate to IDR 9.3 trillion. Its total assets in this period also increase by 6.3% yoy. This achievement results from the placement of marketable securities investment in rupiah. (KR/ZH)

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