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consumer-goods

Business 6 years ago

Lower costs push up Indofood’s net profit 25% in first nine months

Publicly listed food conglomerate PT Indofood Sukses Makmur booked double-digit net profit growth from January to September period this year from the same period a year ago, with moderate sales growth thanks to lower costs.

Business 6 years ago

PREMIUM
Consumer goods stocks underperform JCI

As of Thursday, the sector had lost 8.22 percent of its value and become the fourth-worst performer of 10 sectors. At the same time, the JCI expanded by 1.29 percent.

Business 6 years ago

Unilever's profit slightly up in first half as sales stagnate

PT Unilever Indonesia booked a 5.4 percent increase in profit in the first half of the year, thanks largely to cutting its financial costs.

Business 6 years ago

PREMIUM
Government urges companies to export more consumer goods to China

Indonesian businesses need to start exporting consumer goods to reduce its trade deficit with China, says the Trade Ministry.

Business 6 years ago

PREMIUM
Unilever targets new market segments with new products

The company is open to acquiring new brands this year while it continues to develop new products and increase production capacity.

Business 6 years ago

PREMIUM
Mandom eyes African countries for export expansion

The company’s hair styling products, marketed under the Gatsby brand, are its biggest sales contributor.

Business 6 years ago

PREMIUM
Unilever bets on digital strategy for sales expansion

Unilever plans to appoint a new director during its annual shareholder’s meeting in May, to further strengthen the company’s digital transformation.

Business 7 years ago

Finance Ministry to review import tax hike for 1,147 consumer goods

The Finance Ministry will look into the possibility of revising a policy it had implemented last September that increased import tax on 1,147 consumer goods products after concerns were raised that it hampered the supply chain for exports.