trending Market Intelligence /marketintelligence/en/news-insights/trending/bLqyICtDxcYJ5Ux81PCJkQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Wilmar Cahaya Indonesia Q1 profit falls YOY

PODCAST

Episode 5: The Future of Work - The World of Workforce Experience and Productivity

Blog

Needham & Company is Now Available in the S&P Global Market Intelligence Aftermarket Research Collection

Blog

The State of Green Business 2021: Positive Impact

Blog

European subscription OTT video 5-year outlook


Wilmar Cahaya Indonesia Q1 profit falls YOY

PT Wilmar Cahaya Indonesia Tbk. said its first-quarter normalized net income came to 34.09 rupiah per share, a decline of 55.1% from 75.90 rupiah per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 20.28 billion rupiah, a decrease of 55.1% from 45.16 billion rupiah in the prior-year period.

The normalized profit margin dropped to 2.3% from 4.4% in the year-earlier period.

Total revenue fell 14.0% on an annual basis to 875.48 billion rupiah from 1.018 trillion rupiah, and total operating expenses decreased 14.2% year over year to 819.21 billion rupiah from 954.57 billion rupiah.

Reported net income decreased 55.2% from the prior-year period to 24.34 billion rupiah, or 40.91 rupiah per share, from 54.36 billion rupiah, or 91.36 rupiah per share.

As of May 27, US$1 was equivalent to 13,205 rupiah.