Unilever Indonesia's Profit Plunges 10.6% to Rp2.46 Trillion in First Half of 2024
- A Small Font
- A Medium Font
- A Bigger Font
PT Unilever Indonesia Tbk reported a profit of Rp2.46 trillion in the first half of 2024.
According to the company's financial report, this profit plummeted by 10.6% year-on-year (yoy) compared to the Rp2.47 trillion profit recorded in the first half of 2023.
Net sales for the UNVR-coded issuer reached Rp19.04 trillion, down 6.15% (yoy) from Rp20.29 trillion in June 2023.
Citing Katadata, UNVR's sales from the home and personal care segment decreased by 7.3% (yoy) to Rp12.28 trillion in June 2024, from Rp13.25 trillion in June 2023. Personal care exports fell by 3.7% to Rp417.35 billion. Domestic sales also recorded a year-on-year decrease of 7.41%, reaching Rp11.86 trillion in June 2024.
The food and beverage segment also experienced a decline. Specifically, sales dropped 4% (yoy) from Rp7.04 trillion in June 2023 to Rp6.76 trillion in June 2024. Exports for the company's food and beverage segment plunged by 48.18% to Rp119.99 billion. Meanwhile, domestic sales decreased by 2.35% to Rp6.64 trillion.
Currently, the assets of this fast-moving consumer goods (FMCG) company amount to Rp19.72 trillion in 2024, an increase of 18.35% from Rp16.66 trillion in December 2023.
Liabilities totaled Rp16.86 trillion, and equity amounted to Rp2.85 trillion in June 2024.
(See also: Unilever Still Records Rp1.44 Trillion Profit in Q1 2024, Up 3%)
"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."
Related Data
Latest Data Stories
Trending Topics
Popular Data