Supra Boga Eyes Net Income to Grow 18% to Rp3.3 Trillion in 2021


PT Supra Boga Lestari Tbk (RANC) targets a consolidated net income growth of 18% to Rp3.3 trillion in 2021.

The publication of the company's 2020 annual report on Wednesday (7/4) states that the company expects to obtain this revenue growth plan from the growth in sales of the same store and new stores.

The revival of the national economy and the initiation of a vaccination program spurred optimism in the target.

In line with the improving economic conditions, accommodative policies, the company is optimistic that its performance this year will be better while maintaining a strategy that focuses on increasing productivity and business development.

The company will still open up opportunities to add new stores by looking at cities outside Java containing sufficient populations and sound economic growth and purchasing power.

Kalimantan and Sumatra's islands are still attractive for companies to continue to look for many potential locations to develop their business.



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