Alfamart's Revenue and Profit Increase Through Q3 2024

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Adi Ahdiat 16/12/2024 15:09 WIB

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Alfamart's revenue and profit increased during January-September 2024 compared to the same period last year.

Alfamart's Revenue and Profit, January-September (2023-2024)

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Alfamart's Revenue and Profit Increase Through Q3 2024

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Alfamart's Revenue and Profit, January-September (2023-2024)

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The operator of Alfamart, PT Sumber Alfaria Trijaya Tbk (AMRT), recorded a net profit of Rp2.4 trillion from the beginning of the year to the end of Q3 2024.

This achievement represents a 9.5% increase year-on-year (YoY).

The increase in Alfamart's profit up to Q3 2024 was supported by a 10.2% rise in revenue to Rp88.22 trillion.

However, amidst this positive financial report, Alfamart has actually closed hundreds of outlets this year.

"300-400 stores were closed this year. Why? Because if they were profitable, we would keep them open," said Solihin, as reported by *Bisnis.com* on Saturday, December 14, 2024.

Despite this, he stated that more new Alfamart outlets were opened this year than were closed.

"This means there's a closure and an opening. So there's substitution, mutual support," said Solihin.

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."