Indofood Sukses Makmur Tbk PT operates within the Macaroni and spaghetti sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Indofood Sukses Makmur Tbk PT with three other
miscellaneous food companies in Asia:
Tingyi (Cayman Islands) Holding Corporation
of HONG KONG
(2019
sales of 70.37 billion Hong Kong Dollars [US$9.08 billion]
of which 57%
was Beverages),
Indofood CBP Sukses Makmur Tbk PT
(42.30 trillion Indonesian Rupiahs [US$3.02 billion]
of which 64%
was Noodles), and
NongShim Company Limited
which is
based in KOREA (SOUTH)
(2.34 trillion Korean Won [US$2.13 billion]
of which 100%
was Food manufacturing).
Sales Analysis.
During the year ended December of 2019, sales at
Indofood Sukses Makmur Tbk PT were 76.59 trillion Indonesian Rupiahs (US$5.46 billion).
This
is
an
increase of 4.4%
versus 2018, when the company's sales were 73.39 trillion Indonesian Rupiahs .
This was the fifth consecutive year of sales increases at Indofood Sukses Makmur Tbk PT
(and since 2014, sales have increased a total of 20%).
Sales of Branded Consumer Products saw an increase
that was more than double the company's growth rate: sales were up
10.4% in 2019, from
38.47 trillion Indonesian Rupiahs to 42.48 trillion Indonesian Rupiahs .
Indofood Sukses Makmur Tbk PT also saw significant increases in sales in
Bogasari (up 5.7% to 18.25 trillion Indonesian Rupiahs )
.
Not all segments of Indofood Sukses Makmur Tbk PT experienced an increase in sales in 2019:
sales of Distribution fell 24.7% to 4.14 trillion Indonesian Rupiahs .
Indofood Sukses Makmur Tbk PT also experienced decreases in sales in
Agribusiness (down 3.7% to 11.72 trillion Indonesian Rupiahs )
.