JAKARTA - PT Indofood Sukses Makmur Tbk (INDF) announced its financial performance for the period ending September 30, 2021. The revenue and profit of the company owned by conglomerate Anthony Salim skyrocketed in the third quarter of 2021.
In a written statement from Indofood received by VOI, Tuesday, November 30, it was stated that Indofood posted a 24 percent increase in consolidated net sales to Rp72.81 trillion in the third quarter of 2021 compared to Rp58.78 trillion in the same period last year.
Operating profit rose 42 percent to Rp12.23 trillion from Rp8.63 trillion, and operating profit margin increased to 16.8 percent from 14.7 percent.
As a result, profit for the period attributable to owners of the parent entity grew 44 percent to Rp5.41 trillion from Rp3.75 trillion, and net profit margin increased to 7.4% percent from 6.4 percent.
Indofood's President Director and Chief Executive Officer, Anthony Salim said, in the midst of various challenges in the global recovery, including rising commodity prices, the resilience of Indofood's business model has been able to provide a solid foundation for producing good performance in the first nine months of 2021.
"We will continue to strive to maintain our performance and excellence, and remain vigilant in maintaining the health of our employees," said Anthony Salim.
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