JAKARTA (Yosefardi) – Retailer PT Sumber Alfaria Trijaya (AMRT) Tbk, which operates Alfamart convenience stores, reported 26.6% growth of sales revenue to Rp25.1 trillion in Jan-Sep 2013.

The retailer’s gross profit and operating profit also increased significantly by 44.2% and 31.2% respectively, but net profit grew only by 8.8% to Rp345 billion.

As a result, Alfamart posted net profit margin of 1.4% in nine months of 2013, down further from 1.6% in the corresponding period of 2012.

At the current price, Alfamart has market capitalization of Rp20.39 trillion or about 8.5 times equity as at September 30, 2013.