Apr 26, 2012

Sumber Alfaria turns to profit in 1Q

Retailer PT Sumber Alfaria Trijaya Tbk (AMRT) reported a Rp9.46 billion net profit in the first quarter of this year from Rp14.75 billion net loss a year earlier.
Sumber Alfaria booked a 127.18% jump in operating profit to Rp29.17 billion from Rp12.84 billion. Gross profit increased 29.12% to Rp719.78 billion from Rp557.46 billion, while net sales rose 29.05% to Rp5.02 trillion from Rp3.89 trillion.
Disclosure: No position at the stock mentioned above.

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