Pt Ultrajaya Milk Industry & Trading Company Tbk. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 10:48 pm EDT
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PT Ultrajaya Milk Industry & Trading Company Tbk. Announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was IDR 6,241,419 million compared to IDR 5,472,882 million a year ago. Operating income was IDR 1,264,394 million compared to IDR 892,565 million a year ago. Net income was IDR 1,032,277 million compared to IDR 697,784 million a year ago. Basic earnings per share was IDR 89 compared to IDR 60 a year ago.
PT Ultrajaya Milk Industry & Trading Company Tbk, formerly PT Ultrajaya Milk Industry Tbk, is an Indonesia-based company. The Company is engaged in the food and beverage industry. In the beverage section, the Company produces various beverages like milk, fruit juices, tea, traditional drink and health drink, that are manufactured with the ultra-high temperature (UHT) technology and packaged in aseptic packaging material. In the food section, the Company produces sweetened condensed milk, powder milk and tropical fruit juice concentrate. The Company markets all its products by direct selling, indirect selling, and by modern trade. The Companyâs products categories include UHT Fresh Milk, UHT Tea Drink, UHT Health Drink and Sweetened Condensed Creamer. The UHT Fresh Milk product includes Ultra Milk Full Cream, Ultra Milk Low Fat Source of Calcium, Ultra Milk Flavor and Ultra Mimi. The UHT Tea Drink product provides Teh Kotak Jasmine Tea and Teh Kotak Flavor Tea.