• Newsletter
  • Contact
  • Press Releases
Thursday, June 5, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home News

Unilever Indonesia records a net income of USD296m, rising 5.3% in Q3 2022

Syifa by Syifa
April 18, 2023
in News
0
Unilever Indonesia

Unilever's net income has also been bolstered by a net sales performance of USD2,032 billion in Q3 of 2022.

Share on FacebookShare on Twitter

Heaptalk, Jakarta — PT Unilever Indonesia, Tbk, has closed its net income performance of US$296 million, or equal to Rp4.6 trillion in the third quartal of 2022, growing 5.3% YoY, compared to the former of USD281 million in a similar period last year.

According to the company financial report in Q3, until September 2022, this net income has also been bolstered by a net sales performance of USD2,032 billion. The result had developed 5.0% YoY, compared to the previous year of USD1.93 billion in the same period.

Further, as the most significant contributor to company sales, the household and body care segments also demonstrated an uplift with a value worth USD1.34 billion from January to September 2022. The sales value went up 3.91%, compared to the last year of USD1.29 billion. While in the food and beverage segment, Unilever Indonesia has noted net sales of USD649 million, climbing at 7.27% YoY compared to the earlier outcome worth USD642 million in 2021.

World Ai Jakarta 2025
World Ai Jakarta 2025

Refers to the Nielsen report, the President Director of Unilever Indonesia, Ira Noviarti, revealed the competitiveness of Unilever continued to go strong in Q3. In addition, the company’s market share has also evolved in value and volume for the last three months compared to the earlier period. She also elaborated that the company’s incredible performance is supported by e-commerce and Unilever Food Solution (UFS), which cultivated over 50% during this quarter.

Furthermore, Ira also explained this foremost holding company of consumer goods had put the investment level properly, expecting to develop the competitiveness of its brand through the advertising investment growth of 27%. To amplify the company’s business fundamentals while ensuring the capability to reach a future fit to the market, Unilever initiated its channel transformation journey in the second semester of 2021.

“Responding to the channel transformation that commenced last year, we have minimized the stock from the trade side in Q3 and will continue until Q4 2022. I comprehend the importance of a future-fit business establishment and efficient system creation to respond to the market more quickly. Thus, our innovation can reach consumers sooner to help them foster a sell-out trade growth competitively,” affirmed Ira. (10/27)

Unaffected by this stock reduction, the company’s sales to outlets and consumers through customers have grown enormously by 7.1% in Q3.

To continue strengthening its business fundamental, the team would execute five strategic priorities: unlocking the exhaustive potential of the brands and highlighting the primary products through an innovative marketing program, broadening the company portfolios into the premium level and value segment, amplifying a leadership in the main channels and future channels, implementing E-Everything in the entire business line-up, and maintaining the sustainable business paradigm.

“We are extremely confident our strategic priorities is a proper plan to generate more consistent, competitive, profitable, and sustainable business for the long-term,” Ira said in her conclusion.

Tags: Unilever

Related Posts

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program

June 5, 2025
KL1 Phase 2 has been completed. Credit: Equinix

Equinix completes KL1 Phase 2 data center in Kuala Lumpur

June 2, 2025
Commemorating Professor Soemitro's 108th anniversary at Soemitro Center (05/29). Credit: Haris

Soemitro Center: A platform for Indonesia’s young economists

May 31, 2025
Lifree breathable adult diapers can help improve skin health. Credit: Haris

Unicharm research: Lifree improves quality of life for elderly

May 31, 2025
Xiaomi's premiumization strategy has yielded positive results in Q1 2025. Credit: Sinta

Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

May 31, 2025
Kaspersky appointed Defi Nofitra as first country manager for Indonesia. Credit: Kaspersky

Kaspersky appoints Defi Nofitra as first country manager for Indonesia

May 31, 2025
  • 32321

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
the 10th world battery & energy industry expo 2025World Ai Jakarta 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
  • Equinix completes KL1 Phase 2 data center in Kuala Lumpur
  • Soemitro Center: A platform for Indonesia’s young economists
  • Unicharm research: Lifree improves quality of life for elderly
  • Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • About Us
  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com