Summary by Moomoo AI
First Pacific Limited announced the unaudited comprehensive financial performance of its subsidiary, PT Indofood Sukses Makmur Tbk ('Indofood') for the six months ending on June 30, 2024. The financial report was submitted to the Indonesian Stock Exchange on July 31, 2024 and made public on the website of First Pacific and the Hong Kong Stock Exchange. The report shows that Indofood's net sales in the first half of 2024 were IDR 57,296,309 million, an increase from IDR 56,086,595 million in the same period of 2023. However, the revenue during this period decreased from IDR 7,476,161 million in 2023 to IDR 5,842,379 million. First Pacific holds a 50.1% stake in Indofood and reminds shareholders that the financial performance only reflects the performance of Indofood, not First Pacific itself.