JPFA – Government' MBG program to support sales

JPFA – Government' MBG program to support sales Japfa Comfeed Indonesia (JPFA) stands to gain additional sales from the government’s free nutritious meal program launched on January 6, 2025. The program has a budget of IDR335 tn for next year, targeting 82.9 mn participants. JPFA has supplied products for the program both within and outside of Java. Note that, JPFA recorded revenue of IDR27.64 tn (-0.6% yoy) and net profit of IDR1.23 tn (-16.43% yoy) in 1H25. (Source : Bisnis Indonesia)