Indofood May Book Two-Digit Growth in 2010

VIVAnews - Noodle giant PT Indosat Sukses Makmur Tbk (INDF) may likely book two-digit growth in 2010 as investors believe that food and beverage industry this year would improve 10 percent.

"Indofood's assets have reached around Rp 40 trillion. It's not possible if it will only have one-digit growth," said Director of Indofood Sukses Makmur Fransiscus Welirang in Jakarta on Thursday, Jan 28.

He claimed that investors estimated the growth of industry in 2010 would reach 10 percent  considering the better economic condition.

Fransiscus said the economic downturn has no longer affected the country which resulted in the more stable economy.

--

Translated by: Bonardo Maulana W