Key Highlights (PT Indofood Sukses Makmur Tbk, unaudited consolidated figures, three months to 31 March 2026)
1. Revenue and Profitability • Net sales increased 7.40% year-on-year to IDR 33.89 trillion, supported by broad-based volume and pricing gains. • Gross profit rose 2.48% to IDR 11.16 trillion; gross margin softened to 32.9% from 34.5% as cost of goods sold advanced 9.97%. • Operating income declined 5.69% to IDR 6.53 trillion amid higher general and administrative spending and a swing to a small fair-value loss on biological assets. • Lower finance expenses (down 35.0% to IDR 1.54 trillion) contributed to a 7.72% rise in income before tax to IDR 5.27 trillion. • Net profit attributable to equity holders climbed 8.59% to IDR 2.96 trillion, equivalent to earnings per share of IDR 337 (IDR 310 a year earlier). • Total comprehensive income surged 43.07% to IDR 5.53 trillion, buoyed by IDR 1.10 trillion of unrealised gains on financial assets and favourable currency translation effects.
2. Balance Sheet Strength (as at 31 March 2026 vs 31 December 2025) • Total assets grew 3.92% to IDR 226.51 trillion, driven by a 7.79% expansion in current assets to IDR 97.44 trillion. – Cash and cash equivalents increased 5.81% to IDR 50.24 trillion. – Inventories rose 13.41% to IDR 21.20 trillion, reflecting higher raw-material and finished-goods holdings. • Total equity advanced 4.45% to IDR 125.58 trillion, with retained earnings up 4.81% to IDR 64.41 trillion. • Total liabilities climbed 3.26% to IDR 100.93 trillion. Gross interest-bearing debt stood at IDR 76.16 trillion, partially offset by the enlarged cash position. • Net debt at period-end amounted to approximately IDR 25.92 trillion.
3. Segmental and Capital Structure Notes • Indofood remains 50.1% owned by First Pacific Company Limited; the results therefore directly influence First Pacific’s consolidated performance. • No changes in share capital were reported during the period. • The company maintained a conservative liquidity profile, with cash and short-term investments covering 78.7% of current borrowings and current maturities of long-term debt.
4. Outlook Indicators Management commentary was not included in the filing. The reported figures underline Indofood’s ability to expand sales while containing financing costs, resulting in solid earnings growth despite margin pressure at the gross level.
The unaudited results were approved by Indofood’s board on 30 April 2026 and filed with the Indonesia Stock Exchange, with simultaneous disclosure by parent company First Pacific on the Hong Kong Stock Exchange.