INDF - A net profit of IDR2.72 tn in 1Q25

INDF - A net profit of IDR2.72 tn in 1Q25 Indofood Sukses Makmur (INDF) recorded a solid 11% yoy net profit growth to IDR2.72 tn and a 2% yoy increase in revenue to IDR31.56 tn in 1Q25. The branded consumer products segment remained the largest contributor to revenue, while agribusiness posted the highest growth at nearly 29% yoy. Operating profit rose 8% yoy to IDR6.42 tn, improving the company’s margin from 20.8% to 21.9%. As of 1Q25, cash reserves stood at IDR42.53 tn, with total assets reaching IDR209.24 tn, reflecting healthy balance sheet expansion. (Source : Bisnis Indonesia)