Mitra10 operator revenues rise 4.36 pct

The operator of Indonesian home improvement retailer Mitra10 posted a 4.36 per cent rise in revenues for the period ending September 2024. In a disclosure, PT Catur Sentosa Adiprana Tbk said it recorded IDR 11.826 bn (Indonesian rupiah, EUR 713,561) in sales for the nine month period.

The company’s sales were buoyed by ceramic tiles, which contributed 36.43 per cent of the total take, followed by consumer goods with 25.66 per cent, and paint, with 8.86 per cent.

Sales of electrical appliances grew six-fold during the period, to IDR 184.818 mio, making it the fastest growing category for the company. Housewares and hobbies, meanwhile, tripled during the period. Hardware sales shrank the most, dropping 31.69 per cent to IDR 64.245 mio. Sales of items lumped up under the “Others” category fell 25.10 per cent to IDR 561.523 mio. Glass and glass block sales fell 21.21 per cent to IDR 149.053…