ICBP – Net profit grew 56% yoy in 1H25

ICBP – Net profit grew 56% yoy in 1H25 Indofood CBP Sukses Makmur (ICBP) recorded consolidated net sales of IDR37.6 tn in 1H25, up 2% yoy. However, operating profit fell 5% yoy to IDR8.48 tn, pressured by higher raw material costs. Core profit also declined 5% yoy to IDR5.37 tn, in line with the decrease in operating profit. Meanwhile, net profit attributable to owners of the parent company jumped 56% yoy to IDR5.54 tn, mainly driven by lower unrealized foreign exchange losses from financing activities. Going forward, the performance of the Indomie producer is expected to be influenced by dividend sentiment, consumer purchasing power, and geopolitical uncertainties. (Source : Bisnis Indonesia)