Unilever Indonesia's Sales and Profits Decline in September 2023

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Erlina Fury Santika 24/11/2023 16:15 WIB

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Unilever Indonesia reported a net profit of Rp4.18 trillion for September 2023, a 9.1% decrease compared to the same period last year.

Unilever Indonesia Net Sales and Net Profit (September 2022 - September 2023)

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Unilever Indonesia's Sales and Profits Decline in September 2023

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Unilever Indonesia Net Sales and Net Profit (September 2022 - September 2023)

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PT Unilever Indonesia Tbk.'s financial report shows that both sales and net profit fell in September 2023.

Net sales were recorded at Rp30.50 trillion in September 2023, down 3.27% year-on-year (yoy) from Rp31.53 trillion in September 2022.

Citing *Katadata*, home and personal care products dominated the company's sales, contributing Rp19.92 trillion or 65.3% of total sales.

Unilever Indonesia's former President Director, Ira Noviarti, stated that the foods and refreshment segment recorded sales of Rp10.58 trillion, or 34.69% of total sales.

Domestic market sales still dominated, reaching Rp29.55 trillion, while export sales reached Rp951.84 billion.

Meanwhile, net profit reached Rp4.18 trillion in September 2023. This profit is down 9.16% (yoy) from Rp4.611 trillion in September 2022.

The decrease in profit impacted the basic earnings per share, which fell to Rp110 per share this year. This represents a 9.09% (yoy) decrease from Rp121 per share in September 2022.

At the end of September 2023, the assets of the UNVR-coded issuer grew by 3.30% year-to-date (ytd) to Rp18.92 trillion. Company debt or liabilities decreased by 5.42% ytd to Rp13.5 trillion. Meanwhile, company equity experienced significant growth, reaching Rp5.38 trillion.

(See also: Movement of Unilever Indonesia Shares, a Company Facing a Boycott Due to Alleged Pro-Israel Stance)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Unilever Indonesia's Sales and Profits Decline in September 2023

Unilever Indonesia's Sales and Profits Decline in September 2023

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Unilever Indonesia's Sales and Profits Decline in September 2023

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