First Pacific’s Indofood Unit Posts Higher Q1 2026 Profit on Rising Sales

First Pacific Co ( (HK:0142) ) has provided an update.

First Pacific has notified shareholders that its 50.1%-owned Indonesian subsidiary, PT Indofood Sukses Makmur Tbk, has released unaudited consolidated financial results for the quarter ended 31 March 2026, filed with the Indonesia Stock Exchange and posted on both companies’ websites. Indofood reported higher net sales of Rp33.89 trillion and a rise in quarterly profit to Rp4.22 trillion, alongside growth in comprehensive income and earnings attributable to the parent, underscoring resilient operating performance in its core food business despite higher operating expenses and a small loss on biological assets.

The quarter saw Indofood’s income from operations edge lower to Rp6.53 trillion due to increased selling, distribution and administrative costs, while finance expenses fell sharply year on year, helping lift income before tax to Rp5.27 trillion. Earnings attributable to the parent climbed to Rp2.96 trillion, with basic earnings per share improving to 337 rupiah from 310 rupiah, signaling stronger returns for shareholders and a solid start to 2026 for one of First Pacific’s most important profit contributors.

More about First Pacific Co

First Pacific Company Limited is a Bermuda-incorporated investment management and holding company listed in Hong Kong, with a focus on consumer, telecommunications, infrastructure and natural resources across Asia. Its key Indonesian subsidiary, PT Indofood Sukses Makmur Tbk, is a major listed food company whose consolidated results are prepared under Indonesian GAAP and reported in rupiah.

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