Catur Sentosa Posts 110% Profit Growth

JAKARTA (Yosefardi) – PT Catur Sentosa Adiperdana Tbk (CSAP), owner of modern retail company Mitra10 and Atria, posted net profit of Rp67 billion in first half of 2014, surged 110% from Rp32 billion in the same period of 2013. Sales rose 11.6% to Rp3.4 trillion from...
Matahari Posts 8.6% Profit Decline

Matahari Posts 8.6% Profit Decline

JAKARTA (Yosefardi) – Retailer PT Matahari Putra Prima Tbk (MPPA) posted net profit of Rp203 billion in first half of 2014, declined 8.6% from Rp222 billion in the corresponding period of 2013. Net sales grew by 18% to Rp6.43 trillion from previous Rp5.446...
Retail Sales Index Declines 1.5% in April

Retail Sales Index Declines 1.5% in April

JAKARTA (Yosefardi) – Bank Indonesia Monday (June 9) released its survey that monthly retail sales index declined 1.5% month-to-month in April 2014 from -0.6% in March 2014. The year-on-year index grew 16.2% compared to 17% in March 2013, slowing growth along with the...