20230726_MAPA_Laporan Informasi dan Fakta Material_31354424_lamp1.pdf

Press Release
For Immediate Distribu3on

MAPA ANNOUNCES SOLID H1 2023 RESULTS

Jakarta, July 26th, 2023 – PT Map Ak3f Adiperkasa Tbk (MAPA), the sports, kids and leisure
subsidiary of PT Mitra Adiperkasa Tbk (MAPI), today announced its results for Q2 and H1 ending
June 30th, 2023.

For Q2’23, MAPA witnessed a notable increase in net revenue, rising by 36.6% to Rp3.2 trillion
compared to Rp2.4 trillion in the previous year. Addi3onally, the gross profit margin (GPM) showed
improvement, reaching 49.2% compared to 48.6% in the same period last year. Opera3ng profit
increased by 29.9% to Rp527 billion from Rp406 billion. EBITDA grew by 28.2% to Rp720 billion
from Rp561 billion, and net profit soared to Rp386 billion from Rp307 billion.

In terms of consolidated H1 performance, net revenue experienced a solid growth of 39.1%,
amoun3ng to Rp6.0 trillion compared to Rp4.3 trillion posted last year. GPM improved to 49.2%
compared to 47.2% in the same period in the previous year. Opera3ng profit rose 40.2% to Rp894
billion from Rp638 billion. EBITDA reached Rp1.3 trillion, from the Rp948 billion recorded in the
same period in 2022. Furthermore, net profit jumped by 38.7% to Rp663 billion from Rp478 billion.

Ra3h D. Gianda, VP Investor Rela3ons, Corporate Communica3ons, and Sustainability of MAP
Group stated, “Throughout the first half of the year, MAPA has consistently exhibited notable
results, following the removal of Covid-19 restric3on and a successful Lebaran period. The posi3ve
momentum con3nued in June, par3cularly during the school holiday period. This demonstrates
the resilience of our consumers and growing demand for our products and services, which have
played a crucial role in driving the Company’s performance.”

In June, MAPA entered into a strategic partnership with Frasers Group, specifically through Sports
Direct Malaysia to introduce Sports Direct in Indonesia. This partnership represents a meaningful
milestone for MAPA, providing an opportunity to further expand its presence in the sports retail
sector and offer the renowned Sports Direct brand to Indonesian customers. This collabora3on
brings together the unique strengths and exper3se of both en33es, unlocking new avenues for
growth and enriching the overall customer experience.

MAPA’s omni-channel plagorm is a key component of the Company’s strategic vision. MAPA’s
integrated plagorm, spanning various distribu3on channels such as malls, digital channels, and
marketplace partnerships, is specifically designed to cater the evolving demands of customers
any3me and anywhere. As the Company con3nues to embrace technological advancements and
innova3ve solu3ons to provide seamless shopping experience, MAPA is confident to unleash its full
poten3al and drive value crea3on over the long term.