Jakarta — PT Unilever Indonesia (IDX: UNVR) recorded a significant jump in earnings for 2025, posting a net profit of Rp 7.6 trillion, equivalent to approximately $451.85 million. The figure marks a sharp increase of around 127 percent compared to the Rp 3.3 trillion booked in 2024, primarily driven by gains related to discontinued operations.
According to the company’s annual financial statement, earnings from discontinued operations reached Rp 309 billion. In addition, the disposal of discontinued business units generated gains amounting to Rp 3.79 trillion. After accounting for taxes, net profit from discontinued operations totaled Rp 4.1 trillion.
By comparison, profit generated from ongoing core operations stood at Rp 3.5 trillion. Combined, these figures brought total annual profit to Rp 7.6 trillion for 2025.
Stock Performance and Market Value
As of 10 a.m. local time on Thursday, UNVR shares were trading at Rp 2,300 per share, reflecting a gain of 40 points or 1.77 percent. During the session, the stock moved within a range of Rp 2,290 to Rp 2,330. The company’s market capitalization reached approximately Rp 87.74 trillion.
Strategic Ice Cream Business Separation
Management explained that the restructuring stems from a broader strategic decision made by parent company Unilever PLC, which in March 2024 announced plans to separate its global ice cream division.
The proposal to spin off and divest the ice cream business was formally approved during an extraordinary general meeting of shareholders held on January 14, 2025. The transfer of the segment was completed on December 8, 2025, when the business was handed over to The Magnum Ice Cream Indonesia.
Following the transaction, the ice cream segment was officially classified as discontinued operations as of December 31, 2025.
The company also clarified that its comparative financial statements for the year ended December 31, 2024 have been restated to reflect the separation. Discontinued operations are now presented separately from continuing business activities in the income statement and other comprehensive income reports.
Financial Impact Overview
The spin-off significantly reshaped the company’s earnings composition:
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Net profit from discontinued operations (after tax): Rp 4.1 trillion
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Net profit from continuing operations: Rp 3.5 trillion
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Total net profit 2025: Rp 7.6 trillion
The restructuring strategy appears to have strengthened the company’s bottom line in the short term, while positioning the business for a more focused operational model going forward.
