Indofood CBP Raises Instant noodles Price

Indofood CBP Raises Instant noodles Price

JAKARTA (Yosefardi) – Consumer goods giant Indofood CBP (ICBP), subsidiary of Indofood Sukses Makmur (INDF), raises its instant nooddles price by 5%, in respond to current weakening of rupiah against the US Dollar. The comany imports raw material for flour and...
Indofood Regains Ground, Minzhong Slips

Indofood Regains Ground, Minzhong Slips

JAKARTA (Yosefardi) – Shares of Indofood Sukses Makmur (INDF) gained slightly by 0.85% this morning after losing more than 9% Monday following its plan to acquire China Minzhong Food. China Minzhong, meanwhile, slipped 0.44% to S$1.12 on Singapore Exchange (SGX)...

Nippon Indosari Reports Flat Profit

JAKARTA (Yosefardi) – PT Nippon Indosari Corpindo Tbk (ROTI), one of Indonesia’s leading breadmakers, booked net profit of Rp75.72 billion in first half of this year, flat compared to Rp72.13 billion in the same period of last year. Net sales increased...