JAKARTA: PT Unilever Indonesia Tbk, a consumer goods giant, spent IDR400 billion to expand its production capacity and develop the products in the first quarter 2011, Investor Daily reported citing Corporate Secretary Sancoyo Antarikso.The company plans to buy a company, he said without giving further details. Last year, Unilever Indonesia acquired a cosmetic company PT Sara Lee Body Care for US$1.87 billion.Unilever Indonesia booked 2.8% net income rise to IDR889 billion in the first three months this year. Profit rose to IDR1.33 trillion from IDR1.31 trillion. (NOM)
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