PT Sumber Alfaria Trijaya Tbk, or Alfamart, reported a net profit of Rp975.11 billion in the first quarter of 2025, according to the company's report published by the Indonesia Stock Exchange (BEI).
Net profit attributable to the parent entity increased by 9.52% year-on-year (yoy) from Rp890.31 billion in the first quarter of 2024.
The increase in net profit was accompanied by an increase in net revenue. In the first quarter of 2025, net revenue reached Rp32.77 trillion, a 11.75% yoy increase from Rp29.32 trillion.
In the first quarter of this year, the AMRT-coded issuer recorded sales and distribution expenses of Rp5.61 trillion. Expenses increased by 11.7% yoy from Rp5.02 trillion.
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Alfamart's revenue was supported by the food segment, which reached Rp23.67 trillion in the first quarter of 2025. This is an 11.02% yoy increase from Rp21.32 trillion last year.
Meanwhile, revenue from non-food items reached Rp9.09 trillion in the first quarter of 2025, a 13.69% yoy increase from Rp8 trillion in the first quarter of 2024.
By region, Alfamart received external and inter-segment revenue from Jabodetabek of Rp9.36 trillion; Java Island (excluding Jabodetabek) Rp12.59 trillion; and outside Java Rp11.8 trillion.
Currently, Alfamart's total assets are recorded at Rp46.44 trillion as of March 2025. Assets surged 19.71% from Rp38.79 trillion in December 2024.
Components of assets as of March 2025 include liabilities of Rp27.76 trillion and equity of Rp18.68 trillion.
(See also: Alfamart's Revenue and Profit Increased Until Q3 2024)