Matahari's income rises

JAKARTA (JP): Publicly listed retail company PT Matahari Putra Prima announced yesterday that its operating income was Rp 105 billion in this year's January to September period -- a 33 percent increase over the same period last year.

The company's president, Hengky Tjitra, attributed the rise in operating income to the increase in its gross profit margin and personnel efficiency program.

The company said that it posted a net profit of Rp 28.9 billion in the January to September period.

Tjitra said that the company expected to record a net profit of Rp 150 billion next year. (aly)