Sign up | Log in



Home>>Daily News>>Indonesia>>Companies>>Indofood records Rp 4.17 trillion net profit in 2017

NEWS UPDATES Asean Affairs  March 21, 2018  

Indofood records Rp 4.17 trillion net profit in 2017

Food product company PT Indofood Sukses Makmur of the Salim Group has booked Rp 4.17 trillion (US$291.9 million) in net profit in 2017, slightly increased by 0.6 percent year-on-year (yoy).

Its net margin declined to 5.9 percent from 6.2 percent, mainly due to the absence of income in 2017 from discontinued operations, the company stated.

Indofood’s net consolidated sales grew by 5.3 percent to Rp 70.19 trillion from Rp 66.66 trillion in 2016.

Consumer branded products, Bogasari, agribusiness and distribution respectively contributed around 50 percent, 22 percent, 20 percent and 8 percent to sales.

“Despite the stable macroeconomic condition, 2017 was a challenging year for the FMCG [fast-moving consumer goods] industry, when consumer demand was dampened,” Indofood president director and CEO Anthoni Salim said in a statement.

With improvements in the domestic economy, however, the company remained hopeful of its business prospects in 2018, the statement added.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

  Today's  Stories                       March 21, 2018 
• PCC approves joint venture between BCDA and Malaysia’s MTD Capital Subcribe: Asean Affairs Global Magazine
• Indofood records Rp 4.17 trillion net profit in 2017 Subsribe Now !
• PHL payments position posts deficit for second straight month
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Freeport has cost $13 billion losses in environmental damage, says BPK 
• Growth predicted at 6.23% in first quarter
Asean Analysis                 March 20,  2018
• Asean Analysis March 20, 2018
Joint Development in the West Philippine Sea: an Idea Whose Time Has Come
Advertise Your Brand

Asean Stock Watch   March 20,  2018

• Asean Stock Watch-March 20, 2018
The Biweekly Update
• The Biweekly Update  October 27, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand