Shares of Indofood Sukses Makmur (INDF), the largest food company in Indonesia owned by Salim Group, ended slightly higher by 0.39% to Ro6,450 on Monday (Mar 25) as investors digested financial results of the company. The last quoted price means INDF was traded with PE multiple 7 only, way below market average.To subscribe please click here
FY/23 Results of Indofood: Squeezed margins at Bogasari & Plantation
![FY/23 Results of Indofood: Squeezed margins at Bogasari & Plantation](https://yosefardi.com/wp-content/uploads/2024/03/indofood-1-1000x640.jpg)