Indofood Agri Resources Ltd. Reports Unaudited Group Earnings Results for the First Quarter Ended March 31, 2019; Reports Write-Off of Property, Plant and Equipment for the First Quarter Ended March 31, 2019
April 30, 2019 at 03:50 am IST
Indofood Agri Resources Ltd. reported unaudited group earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported revenue of IDR 3,358,231 million against IDR 3,189,662 million a year ago. Profit from operations was IDR 104,687 million against IDR 260,920 million a year ago. Net loss for the period was IDR 130,298 million against net profit for the period of IDR 52,537 million a year ago. Loss per share was IDR 41.4 against IDR 158.9 a year ago.
For the quarter, the company reported write-off of property, plant and equipment of IDR 2 million against IDR 279 million a year ago.