---
title: "Indofood Delivers Higher Sales and Profit for First Pacific Despite Forex Drag"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284788394.md"
description: "First Pacific's Indonesian subsidiary, PT Indofood Sukses Makmur Tbk, reported a 7% increase in consolidated net sales to Rp33.89 trillion for Q1 2026, driven by strong demand for consumer food products. Despite a 6% decline in operational income to Rp6.53 trillion due to lower forex gains, net income attributable to equity holders rose 9% to Rp2.96 trillion. Indofood's performance remains robust amid geopolitical tensions, emphasizing sustainable growth and a strong balance sheet, which reassures investors in the consumer staples market."
datetime: "2026-04-30T14:02:55.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284788394.md)
  - [en](https://longbridge.com/en/news/284788394.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284788394.md)
---

# Indofood Delivers Higher Sales and Profit for First Pacific Despite Forex Drag

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First Pacific Co ( (HK:0142) ) has provided an update.

First Pacific’s Indonesian subsidiary PT Indofood Sukses Makmur Tbk reported a solid start to 2026, posting a 7% rise in consolidated net sales to Rp33.89 trillion for the quarter ended 31 March, driven by continued demand for its consumer food products. Despite a 6% decline in income from operations to Rp6.53 trillion due mainly to lower foreign exchange gains, Indofood’s income attributable to equity holders increased 9% to Rp2.96 trillion, underscoring resilient profitability and a healthy operating margin of 19.3%.

Management highlighted that Indofood has maintained its performance amid escalating geopolitical tensions, and reiterated its strategy of pursuing sustainable growth by balancing market share and profitability while preserving a strong balance sheet. The results suggest that Indofood remains well positioned in Indonesia’s consumer staples market, providing a measure of earnings stability for First Pacific’s portfolio and reassurance to investors focused on defensive, cash-generative businesses in the region.

**More about First Pacific Co**

First Pacific Company Limited is a Hong Kong-based investment management and holding company with interests across Asia, including food, telecommunications, infrastructure, and natural resources. Its key Indonesian subsidiary, PT Indofood Sukses Makmur Tbk, is a major consumer food producer with a strong presence in noodles, food ingredients, and related consumer staples.

**Average Trading Volume:** 4,789,435

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$23.93B

See more insights into 0142 stock on TipRanks’ Stock Analysis page.

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