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Helped By Expanding Exports And Local Consumption, Unilever Posts Huge Sales Jump In Indonesia

March 31, 2012: 03:30 AM EST
PT Unilever Indonesia Tbk's reported a 19-percent rise in sales from Rp 19.69 trillion in 2010 to Rp 23.47 trillion in 2011, and a 25-percent jump in exports from Rp 825.75 billion to Rp 1.04 trillion during the same period. Unilever is forecast to have similar growth rates for next year unless the government increased fuel prices, a market analyst said. The rise boosted net profits by 23 percent. 
Raras Cahyafitri, "Unilever: Profits up 23% on rising domestic consumption", The Jakarta Post, March 31, 2012, © The Jakarta Post - PT Bina Media Tenggara
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