JAKARTA (Yosefardi) – Retailer PT Ramayana Lestari Sentosa Tbk (RALS) targets its revenue to grow by 15% to Rp9.2 trillion next year, compared to Rp8 trillion targeted for this year.
The company plans to expand its business through changing its current Robinson outlets concept to Spar outlets concept. It targets to operate 56 Spar outlets within next 3 years. Spar is expected to contribute Rp400 billion sales next year.
RALS recorded sales of Rp6.28 trillion in first nine months of 2014, inched up 0.3% from Rp6.26 trillion in the same period of 2013. While net profit declined 1.4% to Rp339.7 billion from previous Rp344.6 billion. Net profit margin was 5.4%, compared to 5.5% in previous year.
The company’s assets totaled Rp4.3 trillion of which cash and short term investment account for Rp1.47 trillion.