JAKARTA (Yosefardi) – PT Catur Sentosa Adiperdana Tbk (CSAP), owner of modern retail company Mitra10 and Atria, has revised its revenue target to Rp7.5 trillion this year from initial target of Rp8.5 trillion along with the economic slowdown.
The company only targets 5% revenue growth for this year. Earlier it targets 18% revenue growth. In the first quarter of 2015, CSPA’s revenue only gew by 5% to Rp1.72 trillion.
Revenue from distribution segment only rose 1.5% to Rp1.2 trillion in the first quarter of 2015. CSPA expects distribution segment to contribute 68% revenue and retail segment to contribute 32%.