{
    "success": true,
    "data": {
        "id": 1439410,
        "msgid": "indofoods-profit-soars-1447893297",
        "date": "1999-05-19 00:00:00",
        "title": "Indofood's profit soars",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Indofood's profit soars JAKARTA (JP): Publicly listed food giant PT Indofood Sukses Makmur reported on Tuesday a net profit of Rp 153.4 billion (US$19.7 million) for the first quarter of this year, a 442 percent increase over the same period of 1998. \"This quarter's results even exceeded the whole year of 1998's net profit of Rp 150.2 billion,\" the company said in a statement.",
        "content": "<p>Indofood's profit soars<\/p>\n<p>JAKARTA (JP): Publicly listed food giant PT Indofood Sukses<br>\nMakmur reported on Tuesday a net profit of Rp 153.4 billion<br>\n(US$19.7 million) for the first quarter of this year, a 442<br>\npercent increase over the same period of 1998.<\/p>\n<p>\"This quarter's results even exceeded the whole year of 1998's<br>\nnet profit of Rp 150.2 billion,\" the company said in a statement.<\/p>\n<p>The company's net sales grew 57.7 percent to Rp 2.8 trillion<br>\nin the first quarter against Rp 1.8 trillion in the same period<br>\nlast year.<\/p>\n<p>The largest contribution of sales came from noodles, 40<br>\npercent, followed by edible oils and fats, 25 percent, and milled<br>\nflour, 23 percent.<\/p>\n<p>Indofood, the world's largest producer of noodles, sold 2.1<br>\nbillion packets of noodle in the first quarter, a 10 percent drop<br>\nfrom the same period last year.<\/p>\n<p>The company said its total assets reached Rp 10.5 trillion<br>\n($1.4 billion) by the end of March, with outstanding foreign<br>\ncurrency loans worth US$773 million. (rid)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indofoods-profit-soars-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}