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Today's Headlines Indofood Sukses Makmur

  • Indofood Sukses Makmur to Build New Flour Plant in Indonesia

    Indofood Sukses Makmur to Build New Flour Plant in Indonesia

    Indofood Sukses Makmur, one of Indonesia's leading food manufacturing companies, plans to build a new factory for the production of flour to increase capacity and sales of its Bogasari unit. Bogasari is the company's integrated flour milling unit. Franciscus Welirang, Director of Indofood Sukses Makmur, said the unit's flour mills are currently producing close to their maximum capacity, hence production capacity expansion is needed.

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  • Instant Noodles in Indonesia: Indofood Sees Growing Sales, Exports

    Instant Noodles in Indonesia: Indofood Sees Growing Sales, Exports

    Instant noodles are an important food product in Indonesia as they are highly popular among the giant population. Indomie, an instant noodle brand produced by Indofood Sukses Makmur, is the most famous one. In fact, it is the most popular brand in Indonesia (not only of all instant noodle brands, but of all brands in Indonesia). Indofood Sukses Makmur said its Indomie sales rose ahead of Idul Fitri (the celebrations that mark the end of the Ramadan month), both domestic sales and export orders.

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  • Indonesia Consumed 13.2 Billion Instant Noodle Packages in 2015

    Indonesia Consumed 13.2 Billion Instant Noodle Packages in 2015

    Indonesia is the world's second-largest consumer of instant noodles, after China. Based on the latest data from the World Instant Noodle Association (WINA), Indonesia consumed 13.2 billion packages of instant noodles in 2015, accounting for 13.5 percent of total worldwide instant noodle consumption. Instant noodles are very popular among the Indonesian population due to the affordable price, easy-to-prepare nature, and yummy taste of the noodles (although there have been many reports that claim that these food products are unhealthy).

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  • Indofood CBP Sukses Makmur: Giant Force in Indonesia's Consumer Goods Market

    Indofood CBP Sukses Makmur: Giant Force in Indonesia's Consumer Goods Market

    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.

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  • What are the Top Five Brands Bought by Indonesian Consumers?

    What are the Top Five Brands Bought by Indonesian Consumers?

    The five top brands that are purchased most often by Indonesian households are Indomie, Mie Sedaap, Royco, So Klin and Frisian Flag. This is the result of research conducted by Kantar Worldpanel (KW), a global research firm that investigates consumers' purchasing behaviour. Fabrice Carrasco, KW’s Managing Director for Vietnam, Indonesia and the Philippines, wrote in a statement received on Monday that more than 90 percent of Indonesian households buy the five above-mentioned brands.

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  • Indofood Sukses Makmur to Sell 52.9% Stake in China Minzhong Food

    Indofood Sukses Makmur to Sell 52.9% Stake in China Minzhong Food

    Indofood Sukses Makmur (INDF), Indonesia's largest food processing company and - reportedly - the world's largest producer of instant noodles, plans to sell a 52.94 percent stake in China Minzhong Food Corporation Limited (CMFC), a Singapore-listed Chinese integrated vegetable processing firm. Indofood will sell 347 million shares at a price of Sin$ 1.2 per share, hence the sale will have a total value of Sin$ 416.4 million (IDR 3.9 trillion, or USD $313 million). A potential buyer is China Minzhong Holdings Ltd.

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  • Top Listed Indonesian Conglomerates with Largest Market Capitalization

    The Top Listed Indonesian Conglomerates with Largest Market Capitalization

    The four largest privately-held Indonesian conglomerates that have assets listed on the Indonesia Stock Exchange (IDX) are the Astra Group, Salim Group, Lippo Group, and Sinar Mas Group. Combined, all listed companies controlled by these four groups account for 17.50 percent of total market capitalization on the IDX (total market capitalization on the IDX was IDR 5,027.27 trillion or USD $430 billion on 15 July 2014). Currently, the largest listed firm on the IDX is Astra International, the ‘vehicle’ of the Astra Group.

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  • Taxi Operator Blue Bird Expected to Conduct IPO in November 2013

    Blue Bird, the biggest taxi operator of Indonesia, aims to raise IDR 5 trillion (USD $450 million) through an initial public offering (IPO) on the Indonesia Stock Exchange, which is expected to be conducted in November 2013. This would make it the largest Indonesian IPO since food producer Indofood CBP Sukses Makmur raised USD $696 million in 2010. Blue Bird allegedly appointed Credit Suisse, UBS and Danareksa Sekuritas to act as underwriters. It has been speculated that the company will sell 20 to 40 percent of its stock equity.

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  • Indonesian Businessman Buys 70% Stake in Football Club Inter Milan

    Indonesian media tycoon Erick Thohir bought a 70 percent stake in football club Inter Milan of Italy. Thohir, one of the richest businessmen in Indonesia and who already holds large stakes in Philadelphia 76 (NBA) and DC United (Major League Soccer), paid about 300 million euro to obtain the 70 percent stake in the three-time European Champions League winner. The deal, which took months to finalize, was announced by Inter Milan president Massimo Moratti. Foreign ownership of football clubs has been a recent phenomenon in Europe.

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  • Indofood CBP Sukses Makmur: a leading producer of packaged food

    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.

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Latest Columns Indofood Sukses Makmur

  • Indonesian Food Manufacturers in Focus: Indofood Sukses Makmur

    Indonesian Food Manufacturers in Focus: Indofood Sukses Makmur

    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.

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  • Indofood Sukses Makmur Expects Better Performance in H2-2017

    Indofood Sukses Makmur Expects Better Performance in H2-2017

    Indofood Sukses Makmur, one of Indonesia's largest food manufacturing companies, is optimistic that its corporate earnings will improve in the remainder of 2017 on the back of expansion plans as well as the optimization of both its performance and efficiency. In the first half of 2017 Indofood Sukses Makmur's sales rose by a modest 4.6 percent year-on-year to IDR 35.7 (approx. USD $2.7 billion).

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  • Indonesian Food Manufacturers in Focus: Indofood Sukses Makmur

    Indonesian Food Manufacturers in Focus: Indofood Sukses Makmur

    Growth in the fast moving consumer goods sector will surely boost overall growth and the financial performance of Indofood Sukses Makmur, one of Indonesia's largest food manufacturing firms. Moreover, the stronger rupiah and lower costs of raw materials will also impact positively on the company's earnings. Indofood Sukses Makmur, part of the Salim Group, offers a wide variety of food and beverage products to Indonesian consumers ranging from instant noodles, dairy, snacks, food seasoning, and nutrition to special foods and beverages.

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  • Analysis Indonesian Companies: Indofood Sukses Makmur

    Analysis Indonesian Companies: Indofood Sukses Makmur

    Indofood Sukses Makmur, Indonesia's leading company in the food processing sector offering a wide variety of food solutions for consumers, is expected to post significantly higher net profit and net sales in the foreseeable future on lower prices of its raw materials, the stable rupiah exchange rate, and the rising price of crude palm oil (CPO). Indofood Sukses Makmur is engaged in five complementary business segments: (1) consumer branded products, (2) flour milling, (3) agribusiness, (4) distribution, and (5) the cultivation and processing of vegetables.

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  • Indofood Sukses Makmur and Golden Agri Resources Are Global Leaders

    Two Indonesian companies - Indofood Sukses Makmur and Golden Agri Resources - joined the ranks of the Boston Consulting Group’s Global Challengers 2014. This index contains a group of 100 companies (all from emerging markets) that are vying for leadership of key industries and have emerged as drivers of global economic growth. The Boston Consulting Group (BCG) also included Indonesian agribusiness firm Wilmar International in the graduates list. This list mentions firms that have grown into global market leaders in their industries.

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  • High July Trade Deficit Causes Indonesia's Stock Index to Fall 2.23%

    Indonesia's benchmark stock index (IHSG) went down 2.23 percent on Monday (02/09) after Statistics Indonesia (BPS) released a number of macroeconomic data. The country's inflation pace increased to 8.79 percent year-on-year, while it posted a record monthly trade deficit in July 2013 (USD $2.31 billion). Investors have been highly concerned about the development of Indonesia's current account deficit and after it became known that the figure was high in July, the IHSG quickly lost value.

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  • Amid Rising Asian Markets Indonesia's IHSG falls 0.86% on Monday

    Indonesia's main stock index (IHSG) fell 0.86 percent to 4,777.45 on Monday (01/07) as eight of the nine sectoral indices weakened. Only Indonesia's finance index managed to post an upward movement. Several big cap stocks ended the trading day with large losses, such as Unilever Indonesia (-3.90%) or Telekomunikasi Indonesia (-3.11%). The consumption sector was one of the worst performing sectors in Indonesia yesterday as can be seen in Indofood Sukses Makmur's shares, which fell 6.80 percent.

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Associated businesses Indofood Sukses Makmur