AMRT – Optimistic performance outlook for ramadan despite store closures

AMRT – Optimistic performance outlook for ramadan despite store closures Sumber Alfaria Trijaya (AMRT) is expected to see a positive boost from the Ramadan and Lebaran 2025 season. Despite closing 400 stores in 2024, the company plans to open 800 new outlets in 2025, reflecting a more selective restructuring and expansion strategy. However, challenges remain, particularly as Indonesia's inflation rate reached 0.76% year-on-year in January 2025, signaling a potential decline in consumer purchasing power. Note that, AMRT’ revenue and net profit grew, 10.24% yoy to IDR88.2 tn and 9.79% yoy to IDR2.5 bn, respectively in 9M24. (Source : Bisnis Indonesia)