FORE – A 35% yoy more outlets in FY24

FORE – A 35% yoy more outlets in FY24 Fore Kopi Indonesia (FORE) recorded a 35% yoy increase in the number of outlets in FY24, expanding from 172 to 232 outlets. The addition of new outlets was primarily funded by proceeds from the company’s IPO in Apr '25, which raised IDR353.44 bn. Of that amount, IDR275 bn was allocated specifically for new outlets openings. This expansion supported a strong sales performance, with revenue reaching IDR1.03 tn or grow 115.46% yoy. Net profit also surged significantly by 4,941.38% yoy to IDR58.21 bn. (Source: Bisnis Indonesia)