Retail in Asia

In Sectors

Noodles remain top contributor to Indofood’s business

PT Indofood CBP Sukses Makmur (ICBP), famous for its ubiquitous instant noodles, maintains its position as the force behind parent company PT Indofood Sukses Makmur’s (INDF) IDR45.33 trillion (USD4.95 billion) in net sales last year.

Indofood CBP, which manufactures other consumer branded goods, including dairy products and snacks, contributed 42 percent to the group’s overall sales, or IDR19.37 trillion, a 7.8 percent increase from the previous financial year according to the firm’s published financial statement.

The rise in instant noodle sales lifted Indofood group’s comprehensive income by 24.91 percent to IDR5.02 trillion in 2011, 41.1 percent of which was attributed to Indofood CBP’s IDR2.06 trillion comprehensive income – a 12.3 percent increase from 2010.