JAKARTA - PT Indofood Sukses Makmur Tbk (INDF) today announced its annual financial performance for the year ended December 31, 2021. The Company recorded consolidated net sales growth of 22% to IDR 99.35 trillion from IDR 81.73 trillion last year.
Operating profit increased 31% to IDR 16.88 trillion from IDR 12.89 trillion, and operating profit margin increased to 17.0% from 15.8%. Profit for the year attributable to owners of the parent company increased by 18% to IDR 7.64 trillion from IDR 6.46 trillion, with a net profit margin of 7.7% compared to 7.9% in 2020. Core profit increased 35% to IDR 8.05 trillion from IDR 5.96 trillion.
Anthoni Salim, President Director and Chief Executive Officer of Indofood, said: “Amid the ongoing global challenges, Indofood has been able to record positive growth. Our focus going forward is to maintain Indofood's performance in the domestic and overseas market by maintaining a balance between market share and profitability, as well as increasing productivity and operational efficiency, including maintaining the health of our employees." (LM)