March 20, 2018 / 12:20 AM / 3 months ago

Indonesia's Indofood Sukses Makmur 2017 profit rises to 4.2 trln rupiah

JAKARTA, March 20 (Reuters) - Indonesia’s largest listed food and beverages company PT Indofood Sukses Makmur Tbk reported 4.17 trillion rupiah ($303 million) of net income in 2017, a slight from a year earlier.

The profit rose from 4.14 trillion rupiah in 2016, the company said in a statement on Tuesday. The 2017 result was below an average 4.32 trillion rupiah expectation drawn from 17 analysts polled by Thomson Reuters I/B/E/S. ($1 = 13,764.0000 rupiah) (Reporting by Cindy Silviana; Writing by Fransiska Nangoy; Editing by Stephen Coates)

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