UNVR - Net profit 2022 declining 6.9% yoy

Unilever Indonesia (UNVR) booked a net profit of IDR5.35 tn in 2022, declining 6.9% yoy, or compared to the same period 2021. The company managed to record a healthy amount of sales, reaching IDR41.22 tn, in 2022. The revenue increased 4.22% yoy from IDR39.55 tn. UNVR’s sales in 2022 were still concentrated in the domestic market, which generated revenue of IDR39.48 tn, whereas export sales clocked up to IDR1.74 tn. Product-wise, household and bodycare products dominated UNVR’s sales in 2022, contributing IDR27.26 tn in total, food & beverages arrived at the second place with IDR13.96 tn worth of revenue. As December 2022, UNVR’s total assets reached IDR18.32 tn, while its equity was recorded at IDR3.99 tn. (Source : IDN Financials)