Mayora, Beng Beng And Kopiko Producer Owned By Conglomerate Jogi Hendra Atmadja Raised Sales Of Nearly IDR 20 Trillion In The Third Quarter Of 2021

JAKARTA - PT Mayora Indah Tbk posted an increase in sales performance in the third quarter of this year. Snack producers managed to record an increase in sales of 13.12 percent on an annual basis or yoy.

Launching Mayora's financial report as of September 2021, quoted on Tuesday 9 November, Mayora Indah's sales were recorded at Rp19.88 trillion. This number increased from Rp17.58 trillion printed in the same period last year.

The net sales of the Beng Beng, Astor, Choki Choki, and Torabika producers in the third quarter of this year were still supported by the local market which reached Rp 11.76 trillion. This figure grew 12.45 percent yoy from the previous Rp10.46 trillion until the third quarter of 2020.

This was followed by sales from the export market which also grew by 14.04 yoy, from previously Rp. 7.13 trillion in the third quarter of 2020, rising to Rp. 8.13 trillion at the end of September 2021. Mayora was also observed to have recorded returns of Rp. 13.09 billion in third quarter of this year.

The growth in sales has driven Mayora's cost of goods sold by 20.43 percent yoy to Rp14.80 trillion as of the end of last September. In addition, until the end of September 2021, MYOR was recorded to have recorded selling expenses and general and administrative expenses of Rp3.07 trillion and Rp573.50 billion, respectively.

Meanwhile, Mayora's overall operating expenses were monitored to increase by 7.97 percent yoy to Rp3.64 trillion in the January-September 2021 period. As of September 2021, MYOR's operating profit was recorded at Rp1.44 trillion, down 24.72 percent yoy from the previous year. reached IDR 1.91 trillion as of September 2020.

Thus, the profit for the year attributable to owners of the parent company also decreased, from Rp1.55 trillion to Rp977.93 billion.