PT Electronic City Indonesia officially floor on the Indonesia Stock Exchange ( IDX ) as listed 18th in the year 2013 with an issuer code ECII . At the opening of the first session of trading on the stock opened stagnant Rp4.050 position of the initial price of shares of Rp4.050. This was coded ECII record highs in the price of Rp 4,100, up 1.23 percent.
PT Electronic City Indonesia take off as much as 333.33 million shares or approximately 25 % of the total issued and paid up capital after the IPO.
The company will also implement employee stock allocation program ( ESA ), by allocating as many shares 2 % of the total number of shares offered and 1 % for the MSOP program.
This year the company planned to build 30 stores. The new store is in the mall, shop, and stand alone as Bintaro and SCBD.
With the addition of a number of new stores by the end of the year, the company is optimistic sales growth of more than 50%.
Last year the Company’s sales revenue reached Rp 1.43 trillion. Net profit of Rp 125 billion, equivalent to net income margin of 8.7%.
Based on data from Euromonitor, Electronic City modern market-leading electronic retailer with a 41.5% market. As of July 2013, Electronic City store has reached 41 stores.