Matahari Department Stores (LPPF) booked net profit of Rp2.02 trillion last year, an increase of 13.4% from 2016. Matahari Putra Prima (MPPA), on the other hand, reported net profit of Rp7 billion only, crashed 83% from 2015. MPPA’s sales revenue slipped 2% to Rp13.5 trillion last year, while LPPF posted 9.9% growth to Rp9.9 trillion.To subscribe please click here