DFI Retail's Hero Supermarket Returns to Profit in January-September

MT Newswires

2024/11/01

DFI Retail Group's (SGX:D01) 89.3%-owned subsidiary PT Hero Supermarket posted a profit of 24 billion Indonesian rupiah for the nine months ended September, rebounding from a loss of 261 billion rupiah in the year-ago period.

Net revenue rose 3% year over year to 3.38 billion rupiah from 3.29 billion rupiah, mainly due to growth in the Guardian Health and Beauty segment and reduced losses in IKEA, according to a Thursday filing with the Singapore Exchange.

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