Back to announcement
20240731_MAPI_Laporan Informasi dan Fakta Material_31689773_lamp1.pdf
Financial statement Text extracted MAPISource file signed link, expires in 15 minutes
Extracted text 2
Page 1
PRESS RELEASE
For Immediate Distribu6on
MAP ANNOUNCES 15.4% GROWTH IN NET REVENUE FOR FIRST HALF 2024
Jakarta, 31st July 2024 – PT Mitra Adiperkasa Tbk (MAP), the leading lifestyle retailer in Indonesia,
today announced its results for Q2 and H1 2024.
For H1 2024, net revenue increased by 15.4% to Rp18.0 trillion from Rp15.6 trillion. OperaPng
profit was Rp1.6 trillion with a margin of 9.0%, and EBITDA stood at Rp3.0 trillion. For the boWom
line, MAP posted a net profit of Rp1.1 trillion.
In the second quarter, MAP saw net revenue grow by 13.2% YoY to Rp9.2 trillion from
Rp8.1 trillion. OperaPng profit amounted to Rp903 billion, while EBITDA was Rp1.6 trillion. The
net profit for the quarter was Rp574 billion.
RaPh D. Gianda, VP Investor RelaPons, Corporate CommunicaPons, and Sustainability of MAP
Group said, “We saw sales growth in Q2’24, both quarter-on-quarter and year-on-year, despite
the parPal shic of Lebaran sales to March. Our results highlighted the sustained demand from
our customers, parPcularly during holiday season in June. Looking ahead, MAP remains
commiWed to expanding prudently in this evolving business environment. At the same Pme, we
will conPnue to put our focus on improving operaPonal efficiencies, including beWer inventory
management and back-end support.”
As part of its commitment to providing the best for its employees, MAP consistently demonstrates
its outstanding employment pracPces. Recently, the Company received the HR Asia “Best Place
to Work” Award 2024 for the second consecuPve year. The award was given for MAP’s dedicaPon
to fostering a supporPve and dynamic workplace.
Separately, based on FY23 results, the Company declared a cash dividend of Rp132.3 billion, or
Rp 8 per share, to shareholders on record as of July 9th, 2024. This was approved during the
Company’s Annual General MeePng of Shareholders in June 2024. The dividend was paid on July
30th, 2024.
1
Page 2
About PT Mitra Adiperkasa Tbk
MAP has a porholio of more than 150 world-class brands from department stores, sports, fashion,
kids, food & beverage to lifestyle. As at end of June 2024, MAP operates 3,378 retail stores in over
80 ciPes across Indonesia. The main retail concepts managed include; Department Stores: Sogo,
Seibu, The FoodHall; Fashion & Beauty: Zara, Marks & Spencer, Kipling, CoWon On, Mango,
Massimo Dum, Swarovski, Zara Home, Boots, Sephora; Ac6ve (Sports & Leisure): Sports StaPon,
PlanetSports.Asia, Foot Locker, Converse, Golf House, Reebok, Skechers, Onitsuka Tiger, Staccato,
Clarks; Kids: Kidz StaPon, Smiggle, Lego; Digital: Digimap, Digiplus; Food & Beverage: Starbucks,
Pizza Marzano, Krispy Kreme, Cold Stone Creamery Ice Cream, Godiva, Genki Sushi, Subway;
Others: Alun Alun Indonesia. For more informaPon about MAP please visit www.map.co.id.
For more informa6on, please contact:
Ra6h Darmawan Gianda
VP Investor Rela6ons, Corporate Communica6ons and Sustainability of MAP Group
PT Mitra Adiperkasa Tbk
Sahid Sudirman Center 30th Floor
Jalan Jend. Sudirman Kav. 86 Jakarta 10220
Telephone: +6221 8064 8498, +6221 574 5808
2
Names mentioned 1 people and organisations named in the text · linked when the evidence is strong
Extraction attempts how the parser did, and what it refused
Nothing structured was extracted from this document — the attempts below say why.
No extraction attempted yet.