Summary by Moomoo AI
First Pacific Limited announces the unaudited consolidated financial results of its subsidiary PT Indofood Sukses Makmur Tbk (“Indofood”). The financial report covers the three months ended 31 March 2024 and was submitted to the Stock Exchange of Indonesia on 30 April 2024 and made public on the websites of First Pacific and the Hong Kong Stock Exchange. The report shows that Indofood's net sales in the first quarter of 2024 amounted to IDR 30,791,538 million, a slight increase from IDR 30,542,703 million in the same period in 2023. Gross profit increased from IDR 9,485,905 million in 2023 to IDR 10,511,556 million. However, revenue for the period fell to IDR 3,542,048 million from IDR 5,081,688 million in 2023. Other comprehensive income went from negative IDR 895,280 million in 2023 to IDR 234,126 million. First Pacific emphasizes that these financial results reflect Indofood's performance only, not First Pacific itself.