JAKARTA. PT Indofood Sukses Makmur Tbk (INDF), a processed food manufacturer under Salim Group, successfully maintains its position as a constituent of Indeks Tempo-IDNFinancials 52 (Indeks52) by seizing 3 categories at once.

This announcement is made during Malam Apresiasi Emiten Indeks52 held by Tempo and IDNFinancials on July 26, 2024, in Balikpapan. This event will also feature the reveal of evaluation results of Indeks52 according to constituents’ performance within the past year.

The three categories secured by INDF are High Growth, High Dividend, and Big Market Cap. Each category represents the highest profit growth, dividend, as well as constituents’ market cap.

According to IDNFinancials data, INDF recorded net profit of IDR 8.14 trillion in 2023, its highest yet in the past 5 years. It then brings its Compound Annual Growth Rate (CAGR) up to 10.67% within the past 5 years.

In 2023, INDF also distributed cash dividend of IDR 2.34 trillion, resulting in dividend yield in 2023 of 4.38%, and average dividend yield in the past 5 years of 4.1%.

INDF’s market cap was reported at IDR 55.97 trillion as of July 23, 2024. Its market capitalisation is the 28th out of 84 constituents of Indeks52, and the 3rd out of all issuers in the processed food industry listed on Indonesia Stock Exchange (IDX). (KR/ZH)