Bisnis.com, JAKARTA — PT Cisarua Mountain Dairy (CMRY) and PT Ultrajaya Milk Industry & Trading Company (ULTJ), two top competitors in Indonesia’s dairy industry behind Cimory and Ultra Milk brands respectively, have posted their respective Q1 2025 results which reveal the disparity in performance between the two.
On one end, Cisarua Mountain Dairy managed to see growth in both revenue and net profit while on the other, Ultrajaya saw a slight decline in sales and an almost double-digit percentage drop in profit.
