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IndoAgri's Q1 net profit rises 70% to 182b rupiah

Published Wed, Apr 30, 2014 · 10:00 PM

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Singapore

A RECOVERY in agri-commodity prices and foreign currency gains pushed Indofood Agri Resources' net profit 70 per cent higher in the first quarter.

Its net profit rose to 182 billion rupiah (S$20 million), up from 107 billion rupiah a year ago. This translated into earnings per share of 1.4 Singapore cents, compared to 0.8 cent last year.

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