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March 29, 2015 8:51 AM ET

Food Products

Company Overview of PT Indofood CBP Sukses Makmur Tbk

Company Overview

PT Indofood CBP Sukses Makmur Tbk produces packaged food products. It operates through six divisions: Noodles, Dairy, Foods Seasonings, Snack Foods, Nutrition and Special Foods, and Beverages. The company offers instant bag and cup noodles, egg noodles, and instant vermicelli under the Indomie, Supermi, Sarimi, Sakura, Pop Mie, Mi Telor Cap 3 Ayam, and Pop Bihun brand names. It also offers sweetened condensed milk, liquid milk, and powdered milk, as well as other dairy products, such as ice cream, yogurt drinks, and butter under the Indomilk, Cap Enaak, Indoeskrim, Nice Yogurt, and Orchid Butter brand names. In addition, the company provides food seasonings, including soy sauce, chili sauce,...

Sudirman Plaza

Indofood Tower

23th Floor

Jalan Jenderal Sudirman Kav, 76-78

Jakarta,  12910

Indonesia

Founded in 1982

31,854 Employees

Key Executives for PT Indofood CBP Sukses Makmur Tbk

PT Indofood CBP Sukses Makmur Tbk does not have any Key Executives recorded.

PT Indofood CBP Sukses Makmur Tbk Key Developments

PT Indofood CBP Sukses Makmur Tbk Reports Consolidated Earnings Results for the Year Ended December 31, 2014

PT Indofood CBP Sukses Makmur Tbk reported consolidated earnings results for the year ended December 31, 2014. For the period, the company reported net sales of IDR 30.02 trillion, grew 19.6% compared to IDR 25.09 trillion last year, on higher average selling prices. Income from operations increased 12.9% to IDR 3.13 trillion from IDR 2.77 trillion but operating margin declined to 10.4% from 11.0% mainly attributable to higher selling and general & administrative expenses. Income for the year attributable to equity holders of the parent entity rose 17.0% to IDR 2.60 trillion from IDR 2.23 trillion; net margin slightly declined to 8.7% from 8.9%. Core profit increased 18.2% to IDR 2.55 trillion from IDR 2.15 trillion.

PT Indofood CBP Sukses Makmur Tbk Announces Consolidated Earnings Results for the Nine Months Ended September 30, 2014

PT Indofood CBP Sukses Makmur Tbk announced consolidated earnings results for the nine months ended September 30, 2014. For the period, the company's net sales increased 20.7% to IDR 22.78 trillion from IDR 18.88 trillion. Income from operations increased 9.6% to IDR 2.55 trillion from IDR 2.32 trillion. Income for the period attributable to equity holders of the parent entity increased 11.6% to IDR 2.07 trillion from IDR 1.85 trillion. Core profit rose 12.1% to IDR 2.02 trillion from IDR 1.80 trillion. Earnings per share increased to IDR 355 from IDR 318.

PT Indofood CBP Sukses Makmur Tbk Announces Consolidated Earnings Results for the First Semester Ended 30 June 2014

PT Indofood CBP Sukses Makmur Tbk announced consolidated earnings results for the first semester ended 30 June 2014. For the period, the company posted consolidated net sales of IDR 15.52 trillion, grew 23.4% compared to IDR 12.58 trillion in the same period last year. This is mainly attributable to the increase in average selling prices and sales from the Beverages Division. Income from operations increased 3.8% to IDR 1.70 trillion from IDR 1.64 trillion in the same period last year, but operating margin declined to 11.0% from 13.0%, primarily because of the lower gross profit margin and higher selling expenses, in particular distribution expense, freight & handling and advertising & promotion, as well as salary and employees' benefits in conjunction with the company's business expansions. Income for the period attributable to equity holders of the parent entity increased 6.6% to IDR 1.34 trillion compared to IDR 1.26 trillion in the first half 2013. Core profit increased 7.5% to IDR 1.35 trillion from IDR 1.25 trillion.

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