RALS – Monitoring the impact of US tariffs

RALS – Monitoring the impact of US tariffs Ramayana Lestari Sentosa (RALS) remains in a wait-and-see position regarding the impact of US tariffs. RALS will continue to maximize various promotions and discounts at Ramayana stores. Note that, RALS recorded a revenue of IDR2.76 tn (+0.73% yoy) and net profit of IDR314.06 bn (+4.5% yoy) in 2024. As of 1Q24, RALS still posted sales growth, particularly in line with the momentum of Ramadan and Eid. (Source : Kontan)