PT Ultrajaya Milk Industry & Trading Company Tbk Reports Earnings Results for the First quarter Ended March 31, 2021
May 30, 2021
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PT Ultrajaya Milk Industry & Trading Company Tbk announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was IDR 1,521,095 million compared to IDR 1,613,598 million a year ago. Operating income was IDR 533,800 million compared to IDR 565,762 million a year ago. Net income was IDR 403,537 million compared to IDR 435,761 million a year ago. Basic earnings per share from continuing operations was IDR 37 compared to IDR 38 a year ago.
PT Ultrajaya Milk Industry & Trading Company Tbk, formerly PT Ultrajaya Milk Industry Tbk, is an Indonesia-based company. The Company is engaged in the food and beverage industry. In the beverage section, the Company produces various beverages like milk, fruit juices, tea, traditional drink and health drink, that are manufactured with the ultra-high temperature (UHT) technology and packaged in aseptic packaging material. In the food section, the Company produces sweetened condensed milk, powder milk and tropical fruit juice concentrate. The Company markets all its products by direct selling, indirect selling, and by modern trade. The Companyâs products categories include UHT Fresh Milk, UHT Tea Drink, UHT Health Drink and Sweetened Condensed Creamer. The UHT Fresh Milk product includes Ultra Milk Full Cream, Ultra Milk Low Fat Source of Calcium, Ultra Milk Flavor and Ultra Mimi. The UHT Tea Drink product provides Teh Kotak Jasmine Tea and Teh Kotak Flavor Tea.