March 24, 2017 / 12:55 AM / 4 months ago

Indonesia's Indofood posts almost 40 pct jump in 2016 profit

1 Min Read

JAKARTA, March 24 (Reuters) - Indonesia's largest instant noodle maker PT Indofood Sukses Makmur Tbk on Friday posted a nearly 40 percent increase in net profit in 2016.

Net profit rose to 4.14 trillion rupiah ($310.72 million) from 2.97 trillion rupiah a year earlier, as revenue and profit margin improved, Indofood said.

"2016 was a very good year for Indofood. We posted our highest record for the bottom line and core profit," Anthoni Salim, Indofood's chief executive, said.

$1 = 13,324.0000 rupiah Reporting by Cindy Silviana and Fransiska Nangoy; Editing by Stephen Coates

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below