Strong Performance For Unilever Indonesia In 2016

Unilever Indonesia achieved a 9.8 percent in net revenue growth in 2016 along with a 9.2 percent in net income. Revenue increased from Rp 36.5 trillion in 2015 to Rp 40 trillion last year, with its home and personal care business segment accounting for 69 percent of total sales. Unilever Indonesia chief financial officer Tevilyan Yudhistira Rusli said the company's overall business performance had been “quite outstanding” and is supported by their product innovation, including last year's launch of Molto and Sunsilk brands. Unilever Indonesia has set aside €115 million for factory expansion, mostly for production of home and personal care products. [Image credit © Unilever]