Pt Garudafood Putra Putri Jaya Tbk Reports Earnings Results for the Nine Months Ended September 30, 2020
November 05, 2020 at 12:25 am
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PT Garudafood Putra Putri Jaya Tbk announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was IDR 5,740,689.796 million compared to IDR 6,344,029.405 million a year ago. Operating income was IDR 363,933.481 million compared to IDR 489,080.112 million a year ago. Net income was IDR 211,944.776 million compared to IDR 297,670.802 million a year ago. Basic earnings per share was IDR 28.73 compared to IDR 40.34 a year ago.
PT Garudafood Putra Putri Jaya Tbk is an Indonesia-based food and beverage company. The Company is engaged in manufacturing and trading of biscuits, breads and snacks, foods made from soybeans and other nuts, chocolate, ready-to-drink beverages, confectionery, and milk processing and processing cream from fresh liquid milk, non-alcohol drinks and herbs. It also runs supporting business activities, among others, conducting business in the field of wholesale trade of food and beverages and products produced by the Company, and also in field of peanut and corn farming. It has three segments: food, beverage and others. Food segment includes biscuits, peanuts, pilus, chips, and sweets. It has approximately 263 stock keeping units of food products under six brands: Garuda, Gery, Chocolatos, Clevo, Prochiz and TopChiz, including both domestic and export products. Beverage segment offers beverage products distributed by its subsidiary, such as Good mood, koko drink, mountea, and Okky.