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ICBP sales up 26% in Q3

30 November 2021 18:41

JAKARTA - PT Indofood CBP Sukses Makmur Tbk (ICBP) today announced its financial performance for the period ended September 30, 2021. The Company posted a 26% increase in consolidated net sales to Rp42.62 trillion compared to Rp33.90 trillion last year.

Operating profit increased 37% to Rp8.82 trillion from Rp6.42 trillion, and operating profit margin increased to 20.7% from 19.0%. Profit for the period attributable to owners of the parent company grew 25% to Rp4.97 trillion from Rp3.96 trillion; and net profit margin was stable at around 11.7%. Core profit increased 18% to Rp5.17 trillion from Rp4.40 trillion.

Anthoni Salim, President Director and Chief Executive Officer of ICBP, said: “In the midst of a challenging global market situation and rising commodity prices, ICBP was able to record a strong performance in the nine month period of this year. Supported by the hard work of our employees and the strength of an integrated business model, we remain positive to be able to face various challenges and maintain our performance in a sustainable manner”. (LM)

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