Laba Sari Roti Grows 12.7% Amidst Rising Raw Material Prices
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PT Nippon Indosari Corpindo Tbk, the producer of Sari Roti, recorded profit growth in the first half of 2022. This growth was achieved despite a 31.6% year-on-year (yoy) increase in the price of raw materials and packaging during that period.
Sari Roti recorded sales of Rp1.79 trillion in the first half of 2022. This represents a 15.1% yoy increase from Rp1.56 trillion in the first half of 2021.
Central Indonesia contributed the largest sales, reaching Rp993.6 billion. This sales figure is larger than the combined sales from West and East Indonesia, which reached Rp798.2 billion.
Sales growth also increased Sari Roti's net profit by 12.7% yoy to Rp137.3 billion in the first half of 2022. In the same period last year, Sari Roti recorded a net profit of Rp121.8 billion.
In recent years, Sari Roti has continued to build new factories located in Batam, Gresik, Balikpapan, and Banjarmasin.
"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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