Bisnis.com, JAKARTA — Two of Indonesia’s poultry giants PT Charoen Pokphand Indonesia (CPIN) and PT Japfa Comfeed Indonesia (JPFA) saw a challenging first half this year, but their financial statements show the two posting differing results
On one hand, CPIN booked net sales growth of 0.3% year-on-year (YoY) to IDR 33.06 trillion and net profit growth of 7.4% YoY to IDR 1.9 trillion. On the other, JPFA’s net sales slipped 0.6% YoY to IDR 27.48 trillion while its net profit plunged 16.43% YoY to IDR 1.23 trillion.