Ramayana Lestari Sentosa (RALS IJ) Steadying the Ship April 3, 2018

Highlights

  • Lackluster FY17 performance with net revenue down by 4.0% y/y to IDR 5.62 tn.
  • Net profit was flat (- 0.5% y/y) at IDR 407 bn.
  • Taking a firm grip on the transformation plan amid tectonic shift in the retail industry.

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