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Retailers\' profit may reach IDR100 trillion

Diposkan oleh nude nude Sabtu, 16 Oktober 2010

by: Linda T. Silitonga


JAKARTA: Indonesian Retailers Association (Aprindo) estimates the profit of modern outlets to reach at the very least IDR100 trillion following the growing shopping interest among domestic consumers.

Head of Data and Information Department of Aprindo Roy N. Mandey said that the growing shopping interest is in line with Indonesia’s economic growth, the improved consumer confidence index as well as the single-digit inflation level.

“Aprindo is optimistic that such positive and conducive environments [stronger economic growth] enable our company to reach the minimum target at IDR100 trillion in 2010,” said Roy today.

He further added that the operating income of modern stores reached more than IDR77 trillion during 2009, making this year’s projected profit at IDR100 trillion much more significant.

In the meantime, the number of modern outlets in Indonesia have reached 7,000-8,000 outlets.

The growing consumption this year shall encourage Indonesia’s modern retailers to add their outlets. Prior to this, the modern retailers preferred to hold their expansion steps following the global crisis. (T02/NOM)

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