JAKARTA. PT Damai Sejahtera Abadi Tbk (UFOE) has reportedly opened its latest UFO Elektronika store in Malang, East Java.

This is the 26th outlet established by UFOE. According to Poedji Harixon, President Director of UFOE, mentioned that this outlet expansion is in line with the company’s attempt to improve its performance in 2024.

“We still see a quite of expansive electronic market potential in many regions outside Surabaya, including in Malang,” said Harixon.

With this outlet expansion that has been carried out since the beginning of this year, UFOE is optimistic that its performance may increase by over 10%.

The amount of investment spent by UFOE for this outlet expansion in Malang is not publicly disclosed. However, the company reveals its intention to open another store in Ponorogo in the future months. (KR/ZH)