PT Indofood CBP Sukses Makmur Tbk (ICBP) Q1 2025 earnings summary

Executive summary

• Net sales for the three months ended March 31, 2025, reached Rp20,185,790 million, up from Rp19,921,905 million year-over-year.

• Income for the period attributable to equity holders was Rp2,656,712 million, an increase from Rp2,352,074 million year-over-year.

• Total assets as of March 31, 2025, stood at Rp130,730,632 million, with total equity of Rp69,832,574 million.

Financial highlights

• Gross profit for Q1 2025 was Rp7,294,334 million, slightly down from Rp7,601,359 million year-over-year.

• Operating income rose to Rp5,153,095 million from Rp4,918,942 million year-over-year.

• Basic earnings per share increased to Rp228 from Rp202 year-over-year.

• Net cash provided by operating activities was Rp1,613,781 million, up from Rp1,584,108 million year-over-year.

Outlook and guidance

• Management continues to focus on maintaining healthy capital ratios and optimizing capital structure to support business growth and maximize shareholder value.

• The company monitors net gearing ratio to ensure access to financing at reasonable costs.