Indofood Poised To Benefit From Domestic Demand Strength

Underscoring our core view on Indonesia's massive emerging market potential, Indofood Sukses Makmur Terbuka (Indofood), a leading processed food manufacturer, has again delivered stellar results, reporting a 40.3% increase in operating profits to IDR3.12trn (US$346mn) and a 76% jump in net profits to IDR1.41trn (US$156.5bn), for the six months to June 2010. This was mainly driven by robust growth momentum in its Consumer Branded Product Group (CBP), a wholly-owned subsidiary engaged in the manufacturing of noodles, dairy products, snacks, food seasoning and nutrition foods.

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