UNVR – To have stable performance despite with higher VAT

UNVR – To have stable performance despite with higher VAT Unilever (UNVR) ensures that the 12% VAT increase in early January 2025 will not have an impact on the company's performance. Previously, UNVR had been able to get through a similar situation when the VAT rose to 11% in 2022. Note that, UNVR posted revenue of IDR27.41 tn (-10.12% yoy) and net profit of IDR3 tn (-25.70% yoy) in 9M24. (Source : Bisnis Indonesia)