Indofood’s net profit up 13% in H1
It also posted a 21% increase in net profit after tax for the same period.
Indofood Agri Resources has reported a profit attributable to owners of the company of $26.5m (IDR 337.8b) in the first half (H1) of 2025, up 13% from last year.
In a bourse filing, the company also logged a 33.2% growth in consolidated revenue to $737.48m (IDR 9.4T), mainly due to higher selling prices of palm products and edible oils and fats products, as well as higher volume of palm products.
The company posted a net profit after tax of $59.93m (IDr 764 billion) in H1, an improvement of 21% over the same period last year.
The improved profitability was mainly due to higher gross profit from the group’s plantation division. This was partly offset by lower foreign exchange gain, higher share of joint venture losses, and loss arising from changes in the fair value of biological assets.
Indofood’s earnings per share rose by 13.4% to $0.019 (IDR 242) in H1.
No dividend has been declared or recommended for the financial period that ended on 30 June 2025.
$1 = IDR 12,747.74