Mayora Indah Tbk (MYOR) booked net profit of IDR 1.71 trillion in the first half (H1) of 2024, up 40.92% year-on-year (yoy) from the same period last year.
MYOR’s net profit growth in H1 2024 was supported by its net sales that reached IDR 16.22 trillion. The sales in this period went up 9.45% yoy from IDR 14.82 trillion seen in H1 2023.
Most of MYOR’s net sales in H1 2024 came from domestic market, which generated IDR 9.65 trillion worth of sales. Meanwhile, export sales reportedly reached IDR 6.58 trillion, with sales return of IDR 5.92 trillion.
According to its product segments, packaged processed food brought in the highest contribution to MYOR’s net sales in H1 2024, with total sales of IDR 9.65 trillion.
Meanwhile, net sales recorded from packaged processed beverages segment managed to reach IDR 6.57 trillion.
Until June 30, 2024, MYOR’s total assets were recorded at IDR 27.45 trillion, while total equity reached IDR 15.81 trillion.
For the record, MYOR is a processed food manufacturer operating since 1977. Some of infamous brands owned by the company include Energen, Choki Choki, Torabika, Astor, Kopiko, and Roma. (KR/ZH)