FORE – 9M25 net profit grew 42% yoy, driven by store expansion

FORE – 9M25 net profit grew 42% yoy, driven by store expansion Fore Kopi Indonesia (FORE) reported a net profit of IDR60.1 bn in 9M25 (+42% yoy), as revenue grew to IDR1.04 tn (+43% yoy). The company's EBITDA also grew 62% yoy to IDR200.6 bn. Management stated the solid performance was driven by its aggressive organic expansion, having opened over 60 new stores in 9M25 to reach a total of 290 outlets. The company is also diversifying its portfolio with the launch of "Fore Donut" as a new growth driver. (Source : Kontan)