Alfamart's Profits Soared in 2022 Thanks to Strong Food Retail Sales

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Adi Ahdiat 04/04/2023 14:05 WIB

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Alfamart's parent company, PT Sumber Alfaria Trijaya Tbk (AMRT), achieved a net profit of approximately Rp2.86 trillion in 2022, a 48% increase compared to the previous year.

Net Profit of PT Sumber Alfaria Trijaya Tbk/Alfamart (2019-2022)

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Alfamart's Profits Soared in 2022 Thanks to Strong Food Retail Sales

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Net Profit of PT Sumber Alfaria Trijaya Tbk/Alfamart (2019-2022)

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PT Sumber Alfaria Trijaya Tbk, the parent company of the retail chain Alfamart, achieved a net profit of approximately Rp2.86 trillion in 2022.

This achievement represents a 48% increase year-on-year (YoY), marking the highest record in the last four years.

The increase in profit for the AMRT-coded issuer was supported by a 14% YoY growth in net revenue, reaching Rp96.9 trillion in 2022.

The majority of its net revenue came from food products, reaching Rp67.33 trillion in 2022, a significant increase from Rp57 trillion in 2021.

Meanwhile, net revenue from non-food products reached Rp29.59 trillion in 2022, also up from Rp27.88 trillion the previous year.

Recently, AMRT announced its Annual General Meeting of Shareholders (RUPST) scheduled for May 17, 2023. The list of shareholders entitled to attend the meeting will be announced on April 17, 2023.

This year, AMRT also remains in the LQ45 index for the February-July 2023 period. The LQ45 is a list of 45 selected issuers according to the Indonesia Stock Exchange (BEI), whose performance is considered good based on certain criteria, such as large market capitalization and high liquidity.

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."