Which Indonesian Company Owns the Largest Supermarket Chain?

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Adi Ahdiat 24/07/2023 16:20 WIB

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In 2022, Alfamart (AMRT) had the highest total asset value among publicly listed companies in the convenience store sector or the minimarket/supermarket/hypermarket sub-sector of the retail industry.

Total Asset Value of Supermarket Owner Companies in Indonesia (2022)

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Total Asset Value of Supermarket Owner Companies in Indonesia (2022)

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Several Indonesian publicly listed companies own or manage supermarkets, including minimarkets, supermarkets, and hypermarkets.

First, there's PT Sumber Alfaria Trijaya Tbk (AMRT), which manages Alfamart. Then there's PT Hero Supermarket Tbk (HERO), managing Hero supermarkets, and PT Midi Utama Indonesia Tbk (MIDI), which manages Alfamidi.

Also included are PT Matahari Putra Prima Tbk (MPPA), which manages Hypermart; PT Supra Boga Lestari Tbk (RANC), managing Ranch Market and Farmers Market; and PT Indoritel Makmur Internasional Tbk (DNET), which holds a 40% stake in Indomaret.

Among these supermarket owners, AMRT boasts the largest assets.

According to its financial reports, at the end of 2022, the owner of Alfamart had total assets of approximately Rp30.7 trillion.

Meanwhile, in 2022, DNET's total assets were around Rp18.9 trillion, HERO's Rp6.91 trillion, and MIDI's Rp6.90 trillion.

MPPA had total assets of Rp3.78 trillion, while RANC had the smallest, at Rp1.35 trillion.

With the largest assets, in 2022 AMRT also recorded the highest profit in this group, with a net profit of approximately Rp2.9 trillion.

DNET's net profit in 2022 reached Rp1.35 trillion, MIDI's Rp399.1 billion, and HERO's Rp59.1 billion.

On the other hand, in 2022 RANC recorded a net loss of Rp83.6 billion, while MPPA incurred the largest loss, reaching Rp429.6 billion.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Which Indonesian Company Owns the Largest Supermarket Chain?

Which Indonesian Company Owns the Largest Supermarket Chain?

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Which Indonesian Company Owns the Largest Supermarket Chain?

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