07 March 2025

ROTI Performance in 2024: Net Profit of Rp363 Billion, Up 8.8%

Jakarta, March 7, 2025 – PT Nippon Indosari Corpindo Tbk (stock code: ROTI), established in 1995 and widely recognized as the producer of Sari Roti, recorded solid performance as summarized in its Financial Report for the year ended December 31, 2024, which was submitted to the OJK and IDX today.

The year 2024 marked a significant milestone for the Company as the first and largest mass bread producer in Indonesia, which has now expanded its product range to include cakes and chocolate-based products, and even broadened its business by targeting the supply segment for the Horeca (hotel, restaurant, and café) sector.

The Company has implemented various strategies to maintain its leadership in the increasingly competitive fast-moving consumer goods sector. This was evident in 2024, as it achieved a Net Revenue of Rp3.9 trillion, reflecting the cumulative growth across all business units: Sari Roti, Sari Kue, Sari Choco, and Indosari Food Solutions.

Sari Roti and Sari Kue's flagship products continued to dominate both Modern and Traditional outlets, offering Roti Tawar Spesial, Roti Tawar Milky Soft, Roti Tawar Double Soft, as well as popular cakes such as Dorayaki and Cheesecake. In response to declining consumer purchasing power, the Company also innovated by launching lower-cost formulations and introducing new products, including Sari Roti Choco Blast, Zupper Creamy series, Soft Cake series, and Bolu Cake series.

In the chocolate-based product category, the Company utilized the popular Sari Roti chocolate flavor to create spreads, cookies, and milk, introducing a new brand, Sari Choco.

On the Business-to-Business distribution channel, Indosari Food Solutions supplied a variety of sweet breads, white breads, burger buns, chocolate spreads, pizza dough, premix, and flavorings, specifically targeting the Horeca market segment.

By the end of 2024, the Company reported a Net Profit attributable to the Parent Entity's Shareholders of Rp363 billion, growing by 8.8% compared to the previous year. Increased productivity, reduced raw material costs, and operational efficiencies also contributed to a rise in EBITDA to Rp721 billion, equivalent to a margin of 18.3%.

30 years ago, Wendy Yap founded PT Nippon Indosari Corpindo Tbk with the vision of becoming the first and largest mass bread producer in Indonesia. Then, in 2010, the Company became the first bread company to list its shares on the Indonesia Stock Exchange. Today, the Company’s business has expanded beyond bread, offering a variety of cake, spread, cookie, and milk products to the people of Indonesia. We call it, BEYOND Bread!

PT Nippon Indosari Corpindo Tbk

Wisma GKBI Lt. 12 Suite 1217

Jl. Jend. Sudirman No.28

Central Jakarta

About the Company:

PT Nippon Indosari Corpindo Tbk. (ticker code: ROTI), the first and largest mass-produced bread company in Indonesia with its brands “Sari Roti, Sari Kue, Sari Choco and Indosari Food Solutions” currently operates 15 plants strategically located across Indonesia. The Company is committed to implement the standards of Food Safety Management System and Quality Management System. Establishing a network of modern and traditional channels to distribute a variety of halal, high quality and affordable products to all Indonesian Families. Visit www.sariroti.com for more details about the Company.