Net income attributable to shareholders rebounded to IDR 99,169 million ($6.9 mm) in the second quarter from a loss of IDR 149,394 million last year, on 143% higher revenues of IDR 1,593,235 million ($110.6 mm) up from IDR 654,872 million, as the Indonesian retailer lapped the worst quarter of the pandemic. Gross margin was 43.4% against 30.3% last year, while operating expenses increased 36%, but still leveraged on the higher sales. Revenues increased 25% sequentially from Q1, driven by an over 20% improvement ... Log in to view full article.