Retailer Matahari Department Store (LPPF) booked a net profit of Rp1.19 trillion in the first nine months to September (9M) of 2019, declined 20.7% from Rp1.49 trillion in the corresponding period of 2018. For the third quarter (Q3) period, it dropped 83.8% to Rp25 billion only, from Rp151 billion in the same period of 2018.

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