
Indofood Agri Resources' Attributable Profit Jumps 56% in H2 2024

Indofood Agri Resources' attributable profit to owners of the company jumped 56% during the second half of 2024 to 820.80 billion Indonesian Rupiah from 525.6 billion rupiah a year earlier, according to a filing with the Singapore Exchange on Friday. Earnings per share rose to 588 rupiah compared with 377 rupiah in the comparable period. Revenue was up 6.2% year over year to 8.914 trillion rupiah from 8.394 trillion rupiah, mainly due to an increase in palm oil prices.
Indofood Agri Resources' attributable profit to owners of the company jumped 56% during the second half of 2024 to 820.80 billion Indonesian Rupiah from 525.6 billion rupiah a year earlier, according to a filing with the Singapore Exchange on Friday.
Earnings per share rose to 588 rupiah compared with 377 rupiah in the comparable period.
Revenue was up 6.2% year over year to 8.914 trillion rupiah from 8.394 trillion rupiah, mainly due to an increase in palm oil prices.

