Matahari Allocates Rp400 Billion to Open 10 New Outlets | KF Map – Digital Map for Property and Infrastructure in Indonesia
Matahari Allocates Rp400 Billion to Open 10 New Outlets
Monday, 19 September 2022

PT Matahari Department Store Tbk (LPPF) will open 10 new outlets this year as the recovery in economy and public mobility resumes. LPPF has allocated Rp400 billion in capital expenditure to open new outlets and its strategic omni channel. Additionally, LPPF recorded Rp1.3 trillion in EBITDA in the first semester of 2022 or equal to full year EBITDA IN 2021.

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