Depo Bangunan records 2.39 pct increase in 9-month sales

Indonesian home improvement retailer Pt Caturkarda Depo Bangunan Tbk reported a 2.3 per cent rise in net sales for the nine months ending September 2024. The company told the Indonesian bourse that accumulated net sales for the three quarters totaled IDR 2.023 tn (Indonesian rupiah, EUR 121.913 mio).

Of this, buildcaling materials contributed the lion’s share, or 60 per cent, of the total take at IDR 1.216 tn, followed by finishing materials, which accounted for 37.6 per cent, or IDR 761.019 bn. Other categories contributed 2.16 per cent, or IDR 43.68 bn.

The company’s take for the nine-month period constitutes 66.36 per cent of its full year sales target of IDR 3.059 tn, which is 14 per cent higher than the IDR 2.681 tn in sales that the company made last year.

The company earlier set a target of growing its its store network to 17 outlets this year, with plans to open four branches in…