PT Hero Supermarket Tbk Q1-2016: Gross profit up 2%

South Tangerang, 2016-Apr-30 — /EPR Retail News/ — The following announcement was issued today (April 27, 2016) by the Company’s 83.9%-owned subsidiary, PT Hero Supermarket Tbk. Highlights • Net revenue down 3% • Gross profit up 2% • Net loss of Rp 35 billion • Stores rationalization programme • Positive free cash flow PRESIDENT DIRECTOR’S STATEMENT […]