JAKARTA - PT Supra Boga Lestari Tbk (RANC) managed to record a brilliant performance in 2018. This issuer posted a net profit of Rp 49.9 billion in 2018, an increase of 32.6% on an annual basis from Rp 37.7 billion in 2017.
Last year, Supra Boga's net revenue was recorded at Rp 2.35 trillion, a growth compared to 2017 of Rp 2.18 trillion. The biggest sales contribution was from Farmers Market of Rp 1.35 trillion and 99 Ranch Market of Rp 954.42 billion.
"The 2018 net income and consolidated net income of the company were 102.4% and 124.9% of the targets set at the beginning of 2018. The achievement of these targets recorded a positive performance of the Company throughout 2018," explained Meshvara Kanjaya, President Director of PT Supra Boga Lestari Tbk.
For information, last year the company added 3 new stores consisting of 1 Ranch Market at Jakarta Arkadia Building and 2 Farmers Market in Rawamangun, Jakarta and Kota Harapan Indah, Bekasi. The company also made significant renovations at 2 stores, namely Ranch Market at Oakwood Jakarta and Farmers Market in Summarecon Mall Serpong. Renovations at Summarecon Mall Serpong Farmers Market changed the store concept to a hybrid concept that combines the concepts of supermarkets, food & beverage including ready to cook. (LM)