Indonesia Investments added the company profile of PT Ultrajaya Milk Industry & Trading Company Tbk (Ultrajaya Milk). The company is the leading producer of aseptic dairy products and produces beverages under some well-known brands such as Ultra Milk for dairy products, Teh Kotak, Sari Kacang Ijo and Sari Asem Asli. As Indonesia's demand for dairy products is growing rapidly (about 10 percent per year) and demand for milk rises by about five percent per year, the company is well-positioned to continue expanding its businesses.
The company's net profit grew 49.3 percent in the first half of 2013 to IDR 219.89 billion compared to the same period in 2012.
Ultrajaya Milk Industry's Financial Highlights:
|Income before Tax||220.0||370.8||537.3|
|Earnings per Share¹||37||44||122|
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Ultrajaya Milk Industry, Annual Report 2012