Animal feed producer Sierad Produce (SIPD) booked net profit of Rp79.89 billion in 2019, surged 207% from Rp25.93 billion in 2018. Sales rose 31.58% to Rp4.1 trillion, from previous Rp2.12 trillion. The company assets reached Rp2.47 trilion while liability amounted Rp1.55 trillion. It has cash and cash equivalent of Rp310 billion.
