Jan 14, 2011

Sumber Alfaria hits Rp14 trio revenue

PT Sumber Alfaria Trijaya Tbk (AMRT), alfamart chain operator, estimates to reach Rp14 trillion revenue last year, a 33% increase from Rp10.55 trillion a year earlier.
Sumber Alfaria Vice President Pudjianto said the revenue increase was in line with the additional chain of 800 outlets for the whole 2010. In total, Sumber Alfaria manages 4,800 outlets. 
"However, the achievement for this year still depends on  the economy, influenced by the inflation rate and electricity tariff hike," he said as quoted by Investor Daily today.

Disclosure: No position at the stock mentioned above.

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