Indofood Reports Solid Growth Amid Global Challenges

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

PT Indofood Sukses Makmur Tbk, a subsidiary of First Pacific Company Limited, reported a 2% increase in consolidated net sales and a significant 33% rise in income from operations for the first half of 2024. The company also saw core profits jump by 22%, indicating a strong underlying operating performance. Despite global uncertainties, Indofood remains cautiously optimistic with a robust balance sheet and a focus on balancing market share with profitability.

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