Alfamart: The Retail Rat Race?

Sumber Alfaria Trijaya (AMRT), operator of Alfamart, AlfaMidi, AlfaExpress convenience stores, booked net profit of Rp538 billion, grew 11.9% from 2012 (including effect of acquisition of Midi Utama—operator AlfaMidi and AlfaExpress).The group’s sales revenue surged by 27.9% to Rp34.9 trillion, but net profit margin dropped 12.6% to 1.5% only.

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