Shares of Matahari Department Stores (LPPF) ended lower by 2.5% to Rp13650 Tuesday (Feb 28). That means the stock has lost almost 40% its value from peak (June 2016) even though LPPF reported net profit of Rp2.02 trillion, an increase of 13.3% from 2015. Sales revenues and profitability softened in the fourth quarter of 2016.To subscribe please click here
