JAKARTA (Yosefardi) – Retailer PT Ramayana Lestari Sentosa Tbk (RALS) targets its sales to grow by 7-8% this year, compared to Rp8 trillion last year.
The improving economy and the cooperation with Spar International in developing supemarket would support the sales growth. In January 2016, RALS’ sales grew by double-digit.
As the economy slowed down and as well as consumers’ purchasing power weakened, RALS posted a 2% decline in sales for 2015. Currently RALS operates 101 outlets of supermarket, plus 12 outlets of stores.
RALS allocates capital expenditure (capex) of Rp300-400 billion for this year, equal to last year’s capex.