AMRT – Outside of Indonesia' expansion

AMRT – Outside of Indonesia' expansion Sumber Alfaria Trijaya (AMRT) has expanded into the Philippines, by partnering with SM Investments Corporation since 2014, through a JV called Alfamart Trading Philippines. Philippines have a sizable population as a potential for business development. AMRT already has 2k outlets and 4 distribution centers in the Philippines. Furthermore, AMRT is in the discussion stage to add stores in other countries. Note that, AMRT posted revenue of IDR88.22 tn (+10.23% yoy) and net profit of IDR2.39 tn (+9.52% yoy) in 9M24. (Source : Kontan)