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Indofood CBP 4Q20 Results Review by Abimanyu Learing is a document available to read on EtoBox.

What is Indofood CBP 4Q20 Results Review about?

1) Indofood CBP reported strong 4Q20 results, with net profit up 348.7% quarter-over-quarter and 127.5% year-over-year, driven by a full quarter consolidation of Pinehill and SG&A efficiencies. 2) Full year 2020 net profit was IDR6.6 trillion, up 30.7% year-over-year, with core net profit reaching IDR5.8 trillion, up 12.8% year-over-year and above estimates. 3) Noodle EBIT margin reached 26.4% in 4Q20 due to the Pinehill consolidation, while revenue jumped 22.5% quarter-over-quarter and 50

Author

Abimanyu Learing

Language

EN