Indofood Agri Resources' Attributable Profit Jumps 56% in H2 2024

MT Newswires

03/03

Indofood Agri Resources' (SGX:5JS) attributable profit to owners of the company jumped 56% during the second half of 2024 to 820.80 billion Indonesian Rupiah from 525.6 billion rupiah a year earlier, according to a filing with the Singapore Exchange on Friday.

Earnings per share rose to 588 rupiah compared with 377 rupiah in the comparable period.

Revenue was up 6.2% year over year to 8.914 trillion rupiah from 8.394 trillion rupiah, mainly due to an increase in palm oil prices.

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