JAKARTA (Yosefardi) – Retailer PT Ramayana Lestari Sentosa Tbk (RALS) posted net profit of Rp40.63 billion in first quarter of this year, flat compared to Rp41.84 billion in the same period of last year.

Revenues increased 9.4% to Rp1.18 trillion from previous Rp1.08 trillion. Cost of goods sold rose to Rp775.56 billion from earlier Rp686.83 billion.

The company also recorded selling expense of Rp102.34 billion and administration & general costs of Rp274.83 billion.

Its assets totaled Rp4.3 trillion while liability amounted Rp1.05 trillion. The company has cash and cash equivalent of Rp823.7 billion.