April 30, 2018 / 2:27 AM / 3 months ago

Indonesia's Indofood post narrow growth in Q1 profit

JAKARTA, April 30 (Reuters) - PT Indofood Sukses Makmur , Indonesia’s largest listed food company, posted a narrow increase in first-quarter profit on lower consolidated sales.

The company’s first-quarter net income came in at 1.19 trillion rupiah ($85.77 million), compared with 1.18 trillion rupiah a year earlier, the company said in a statement on Monday.

$1 = 13,875 rupiah Reporting by Fransiska Nangoy, Editing by Sherry Jacob-Phillips

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