JAKARTA - PT Unilever Indonesia Tbk (UNVR) posted a net profit during the first quarter of 2025 of IDR 1.2 trillion or corrected 14.6 percent compared to an annual year on Year (yoy) of IDR 1.4 trillion in the first quarter of 2024.
Meanwhile, net sales amounted to IDR 9.5 trillion in the first quarter of 2025, down 6.1 percent on an annual basis or Year on Year (yoy) from IDR 10.07 trillion in the first quarter of 2024.
On the other hand, marketing and sales expenses fell from IDR 2.37 trillion to IDR 2.17 trillion in the first quarter of 2025. Meanwhile, the company's EBITDA also fell from IDR 2.15 trillion to IDR 1.82 trillion in the first quarter of 2025.
Meanwhile, performance gain in the first quarter of 2025 has shown a significant recovery from the previous quarter where domestic sales rose 21.6 percent quarter over quarter (QoQ) when compared to the fourth quarter of 2024, while net profit grew 244.7 percent (QoQ) compared to the previous quarter.
"Although our first quarter results are still corrected compared to the previous year, we managed to record an increase in the quarter-on-quarter (QoQ) in terms of growth and profitability," said UNVR President Director Benjie Yap, Thursday, April 24.
Benjie said this performance reflected the results of the Company's firm and targeted initiative to overcome operational challenges.
In addition, he said that his party had made progress in reducing customer stock, stabilizing prices on sales channels and increasing the profitability of distributor partners, and providing better customer service levels.
"This progress provides a solid foundation to drive future growth," he explained.
Benjie said that in the future, his party will continue to be committed to implementing a reset strategy in order to build a stronger foundation for sustainable growth.
According to him, UNVR's top priority in 2025 is to increase our main brand so that it is more superior to be supported by sustainable investment, increasing digital spending, wider distribution; expansion and improvement of store coverage, as well as more disciplined market execution.
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In addition, he said UNVR would also continue to focus on the cost reset program to protect gross profit margins.
Therefore, Benjie is optimistic that this step will provide a stronger foundation for consistent, competitive, profitable, and responsible growth.
"This transformation will take time, we hope to see the real benefits in the second half of this year," he explained.
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