Unilever Indonesia's Profit Plunges 10.6% to Rp2.46 Trillion in First Half of 2024
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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."
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