JAKARTA – PT Garudafood Putra Putri Jaya Tbk (GOOD) recorded a net profit of Rp158.42 billion in the first quarter (Q1) of 2025, marking a 23% year-on-year (YoY) increase.

This growth aligns with the company’s revenue increase of 4.54%, reaching Rp3.13 trillion.

According to the Q1 2025 Financial Report, released on Tuesday (29 April), Hardianto Atmadja, President Director of GOOD, stated that third-party sales were the primary driver of the company’s revenue, contributing Rp2.99 trillion or 95.55% of total revenue, while the remaining Rp138.46 billion came from related parties.

Packaged food products contributed Rp2.84 trillion in net sales, while beverages accounted for Rp287.28 billion in Q1 2025. In comparison, during the same period last year, packaged food sales were Rp2.65 trillion, and beverage sales were Rp334.83 billion.

By region, domestic sales accounted for Rp3.04 trillion, while exports contributed Rp83.60 billion. In Q1 2024, domestic sales were Rp2.88 trillion, and exports totalled Rp107.47 billion.

Meanwhile, GOOD’s share price rose by 4.79% to Rp394 per share as of 2:48 PM WIB on Tuesday (29 April). Over the past week, the company’s share price has increased by 10.06%. (LK/LM)