PT Mayora Indah Tbk (MYOR) Q1 2025 earnings summary

Executive summary

• Net sales for Q1 2025 reached Rp 9.86 trillion, up 12.5% year-over-year, with profit for the period at Rp 704.9 billion, down 37.6% from Q1 2024.

• Gross profit margin declined to 22% from 27.8% year-over-year, reflecting higher cost of goods sold and increased operating expenses.

• Cash and cash equivalents decreased to Rp 3.66 trillion from Rp 4.60 trillion at year-end 2024.

• The company remains focused on packaged food and beverage segments, with strong domestic and export sales.

Financial highlights

• Net sales: Rp 9.86 trillion, up from Rp 8.76 trillion year-over-year.

• Net income: Rp 704.9 billion, down from Rp 1.13 trillion year-over-year.

• Operating profit: Rp 846.2 billion, down from Rp 1.31 trillion year-over-year.

• Total assets: Rp 29.07 trillion as of March 31, 2025, down from Rp 29.73 trillion at year-end 2024.

• Total equity: Rp 17.82 trillion, up from Rp 17.10 trillion at year-end 2024.

Outlook and guidance

• Management continues to focus on maintaining healthy capital ratios and optimizing the capital structure.

• The company expects to complete major construction projects in 2025, supporting future growth.