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Unilever Indonesia Reports Strong Sales Growth In 2011, First Quarter 2012

May 30, 2012: 05:58 AM EST
PT Unilever Indonesia reported its sales grew 19 percent to Rp 23.47 trillion, or US$2.6 billion, in 2011 from Rp 19.69 trillion in 2010. Bigger sales drove the company's net profits up by 23 percent to Rp 4.16 trillion in 2011 from Rp 3.38 trillion in 2010. The company also reported sales grew 16.5 percent to Rp 6.6 trillion in the first quarter of 2012 from Rp 5.67 trillion in the same quarter of the previous year. Net profits for the first quarter grew 17.6 percent to Rp 1.16 trillion from Rp 986.73 billion in the same quarter in 2011. Unilever holds market-leadership position in 14 of the product categories it manufactures, according to company president director Maurits Lalisang.
Raras Cahyafitri, "Unilever maintains market dominance", The Jakarta Post, May 30, 2012, © PT. Bina Media Tenggara
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