Retailer Matahari Department Store (LPPF) booked a net profit of Rp912.8 billion in 2021, against a loss of Rp873.18 billion in 2020, as revenue grew 15.29 % year on year (y/y) to Rp5.58 trillion. Retail sales rose 9.67% to Rp3.4 trillion, and consignment sales grew 23.5% to Rp2.1 trillion. Gross sales grew 15% y/y to Rp10.3 trillion.To subscribe please click here
