Despite weakening purchasing power in an economy that has lost its growth momentum since 2011, Indonesia's largest packaged-food company Indofood CBP Sukses Makmur contains a number of advantages that are believed to lift the company's profit figures. Indofood CBP Sukses Makmur is a subsidiary of Indofood Sukses Makmur, a leading total food solutions firm in Southeast Asia's largest economy. The Indofood Group is known as the world's largest instant noodles producer.
Update COVID-19 in Indonesia: 1,368,069 confirmed infections, 37,026 deaths (5 March 2021)
6 March 2021 (closed)
USD/IDR (14,146) -6.00 -0.04%
EUR/IDR (17,335) +57.05 +0.33%
Jakarta Composite Index (6,258.75) -32.05 -0.51%
Below is a list with tagged columns and company profiles.
Today's Headlines ICBP
Indonesia Investments added the company profile of Indofood CBP Sukses Makmur (ICBP). The company is a leading producer of packaged food products in Indonesia with a diverse range of products providing everyday food solutions for consumers of all ages. ICBP was the result of internal restructuring of the consumer branded product (CBP) group at its parent company, Indofood Sukses Makmur. ICBP has five business units: noodles, dairy, food seasonings, snack foods, nutrition and special foods.
Latest Columns ICBP
Corporate earnings of Indonesia-based food manufacturer Indofood Sukses Makmur, which ranks among the biggest companies that are listed on the Indonesia Stock Exchange, are affected by subdued household consumption and fierce competition in the processed foods and beverage sector of Indonesia. Indofood Sukses Makmur has operations in each stage of the food manufacturing process, ranging from the production and processing of raw materials to consumer end-products on retailers' shelves.
Consumer goods companies listed on the Indonesia Stock Exchange are expected to experience two good years in 2018 and 2019 due to the presence of the "political years" (regional elections in 2018 followed by legislative and presidential elections in 2019). Traditionally, consumption rises amid these "parties of democracy" and therefore those consumer goods companies with strong brands are expected to see rising sales in this period.
Packaged food producer Indofood CBP Sukses Makmur, subsidiary of Indofood Sukses Makmur, is expected to see rising profit in the second half of 2016 on the back of lower prices of raw materials (particularly wheat flour, the key ingredient for instant noodles), the stronger rupiah and improved purchasing power of Indonesia's consumer force. Meanwhile, the company may manage to curb losses that originate from the beverage segment. Indofood CBP Sukses Makmur has 6 business segments: noodles, dairy, snack foods, food seasoning, nutrition and special food products, and beverages.
Indofood CBP Sukses Makmur, a leading producer of packaged food products in Indonesia, is estimated to see higher profit and revenue in 2016 supported by the launch of new products (which also strengthens the company's brand) and people's improving purchasing power. Indofood CBP Sukses Makmur, subsidiary of Indofood Sukses Makmur, has five main business segments: noodles, dairy, snack foods, food seasoning, and nutrition & special foods. The company listed on the Indonesia Stock Exchange in October 2010 with ticker symbol ICBP.
It is no secret that Indonesia's economy has been booming in recent years and is appearing more and more on the radars of foreign investors. In the 2000s it was the commodities sector that brought much profit for Indonesian companies that were engaged in the extraction of natural resources such as coal, palm oil, and rubber. The outbreak of the global financial crisis in the late 2000s, however, ended the commodities boom abruptly, while other sectors came to the fore as Indonesia's new gold mines.
Associated businesses ICBP