JAKARTA - PT Unilever Indonesia Tbk (UNVR) has confirmed that it will immediately complete the release of the ice cream business with a value of around Rp. 7 trillion to PT The Total Ice Cream Indonesia by the end of 2025.
UNVR President Director Benjie Yap ensured that the company will continue to focus on strategic priorities, ensuring that each brand contributes to the company's long-term ambitions.
"We will also continue to focus on strategic priorities, ensuring each brand contributes to long-term ambitions, including completing the ice cream business separation by the end of 2025," Benjie Yap said quoting Antara.
He revealed that the release of the ice cream business with a value of around Rp. 7 trillion has the potential to strengthen the company's portfolio, as well as increase the vulnerability and kelinness of listing profits in all company organizations.
"Of course, this is not just a cost cut, but how to improve our performance and valuation by 2026 and beyond," said Benjie Yap.
Previously, at the Extraordinary General Meeting of Shareholders (EGMS), UNVR shareholders approved the plan to sell an ice cream business of around IDR 7 trillion (not including VAT)
In the short term, Benjie Yap hopes that the transaction can provide direct benefits to shareholders, as the company plans to distribute the proceeds from the sale as cash dividends by the time the transaction is complete.
As of the third quarter of 2025, Unilever Indonesia posted a net profit of IDR 3.33 trillion, or grew 10.81 percent year on year (yoy) compared to IDR 3.00 trillion in the same period the previous year.
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The company's profit was supported by net sales which reached IDR 27.61 trillion in the third quarter of 2025, or a slight growth of 0.70 percent (yoy) compared to IDR 27.41 trillion in the same period the previous year.
Sales contributed from the household needs and body care segment amounting to IDR 17.52 trillion, while the food and beverage segment contributed IDR 10.08 trillion in the third quarter of 2025.
In terms of balance sheet, the company's total assets were recorded at IDR 17.49 trillion per third quarter of 2025, consisting of liabilities worth IDR 12.09 trillion and equity worth IDR 14.13 trillion.
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