Home » Business » Indofood (INDF) profit rises 24% to IDR 8.76 T in Q3/2024

Indofood (INDF) profit rises 24% to IDR 8.76 T in Q3/2024




Jakarta, CNBC Indonesia – PT Indofood Sukses Makmur Tbk. (INDF) recorded profit for this period payable to the owners of the parent entity until the end of the third quarter of 2024 of IDR 8.76 trillion or a jump of 23.67% from the same period in 2023 of IDR 7.08 trillion.

Referring to its financial report, INDF’s profit increase was supported by net sales in September 2024 which rose 3.64% year-on-year (yoy) to IDR 86.94 trillion compared to the same period last year of IDR 83.89 trillion.

At the same time, cost of goods sold fell, which helped performance baseline very much. INDF cost of goods sold fell 1% to IDR 57.25 trillion.

Anthoni Salim, President Director and Chief Executive Officer of Indofood, said that Indofood was able to maintain its positive performance during the nine months of this year in the changing global economic environment.

“We are still cautiously optimistic, and we continue to maintain a strong balance and balance between market share and profit,” explained Anthoni Salim in an official statement.

At the same time, the total INDF fund until September 2024 increased to IDR 195.49 trillion from the end of 2024 which was IDR 186.5 trillion. At the same time, the company’s equity increased to Rp 107.94 trillion from Rp.

(fsd/fsd)

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2024-11-01 13:40:00
#Indofood #INDF #profit #rises #IDR #Q32024

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