JAKARTA - PT Nippon Indosari Corpindo Tbk (ROTI), a leading bread producer under the Sari Roti brand, managed to book a net profit of IDR 362.57 billion throughout 2024. This figure shows a growth of 8.78% year-on-year (yoy) from IDR 333.29 billion in 2023. This increase also pushed basic earnings per share up to IDR63.57 from IDR58.44 previously.

ROTI's financial performance also increased in terms of revenue by 2.92% yoy to IDR3.93 trillion, from IDR3.82 trillion in 2023. Likewise, cost of goods sold increased to IDR 1.78 trillion compared to IDR 1.75 trillion at the end of 2023.

Operating expenses were recorded at IDR 1.71 trillion, up from IDR 1.67 trillion. Meanwhile, other operating income increased to IDR 94.57 billion from IDR 91.02 billion previously. Other operating expenses also increased to IDR 5.2 billion from IDR 3.39 billion, resulting in an operating profit of IDR 521.32 billion, higher than last year's IDR 478.19 billion.

On the financial side, financial income edged up to IDR 14.78 billion from IDR 14.12 billion. Meanwhile, financial expenses increased to IDR 62.88 billion from IDR 60.86 billion. Profit before income tax was recorded at IDR 468.94 billion, up from IDR 427.99 billion in the previous year.

The company's total assets also slightly decreased by 4.82% yoy to IDR3.74 trillion from IDR3.94 trillion in the previous year. (EF/LM)