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Unilever Indonesia Posts Strong Sales, Profit Growth In 1H 2016

July 29, 2016: 12:00 AM EST
Unilever Indonesia reported net sales grew 10 percent to Rp 20.7 trillion in the first half of 2016, compared with Rp 18.8 trillion in the same period of 2015. According to the company, net profit also rose 10.3 percent to Rp 3.2 trillion, compared with Rp 2.9 trillion in the previous year. Unilever Indonesia said sales and profits benefited from increased demand during the Ramadhan in June and July.
Stefani Ribka, "Unilever sales recover on Ramadhan spending frenzy", The Jakarta Post, July 29, 2016, © PT
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