Indofood Sukses Makmur Q1 net profit up to 16 percent

Indofood Sukses Makmur (INDF), Indonesia's leading consumer firm, said on Friday that its first quarter net profit in 2011 rose 16 percent to 735.61 billion Indonesian rupiah ($85.4 million) on higher sales.

Its unit, Indofood CBP (ICBP), the world's biggest noodle maker, posted an 18 percent increase in net profit to 433.50 billion rupiah on strong consumption growth.
($1 = 8,627.500 Indonesian Rupiahs). Source: Reuters