Matahari Dept Store: Profit Drops 51%, Dividend Doubles

Retailer Matahari Department Store (LPPF) is probably the most antique company listed on the Indonesia Stock Exchange (IDX). While the company’s net profit fell 51.2% to Rp675.36 billion, it paid out Rp1.19 trillion dividends last year, nearly a 100% jump from 2022. To subscribe please click here