Indofood Owned By Conglomerate Anthony Salim Raised Sales Of IDR 47.29 Trillion In Semester I 2021, Growing 20 Percent

Conglomerate Anthony Salim. (Photo: Doc. Forbes)

JAKARTA - The consumer goods company, PT Indofood Sukses Makmur Tbk posted a positive performance in the first six months of this year. Revenues and profits of this INDF stock coded issuer grew double digits in the first semester of 2021.

In INDF's financial report, quoted on Thursday, August 26, the company owned by conglomerate Anthony Salim posted net sales of IDR 47.29 trillion, up 20.07 percent from the previous position of IDR 39.38 trillion.

Furthermore, profit for the period attributable to owners of the parent entity rose 20.77 percent to Rp3.43 trillion from the same period last year Rp.2.84 trillion.

Meanwhile, operating profit rose 51 percent to Rp8.49 trillion and core profit increased 37 percent to Rp3.92 trillion. INDF posted a net profit margin that increased to 7.3 percent from the previous 7.2 percent.

Anthony Salim said the company was still able to maintain a consistent performance even though the pandemic had not ended in the first half of this year.

"In the current dynamic situation, Indofood has maintained a consistent performance in the first half of 2021. We will remain vigilant in protecting our employees and maintaining our competitiveness," said Anthony.

In terms of total assets, Indofood recorded a growth of 3.83 percent since the beginning of the year to Rp169.39 trillion. Meanwhile, equity increased 5.73 percent ytd to Rp83.67 trillion and liabilities increased 2.04 percent to Rp85.71 trillion.