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20240731_MAPA_Laporan Informasi dan Fakta Material_31689794_lamp2.pdf
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PRESS RELEASE
For Immediate Distribution
MAA REPORTS 32% INCREASE IN NET REVENUE FOR H1'24
Jakarta, 31st July 2024 – PT Map Aktif Adiperkasa Tbk (MAA), the sports, kids, and leisure
subsidiary of PT Mitra Adiperkasa Tbk (MAP), today announced its results for Q2 and H1 2024.
In terms of consolidated H1, net revenue was up by 32.1% to Rp7.9 trillion from the Rp6.0 trillion
posted last year. Operating profit increased by 2.3% to Rp914 billion from Rp894 billion, and
EBITDA reached Rp1.5 trillion. Furthermore, MAA posted a net profit of Rp586 billion.
MAA’s net revenue in Q2 increased by 29.2% to Rp4.2 trillion from Rp3.2 trillion in the previous
year. Operating profit was Rp509 billion, while EBITDA amounted to Rp761 billion. The Company
reported a net profit of Rp303 billion for the quarter.
Ratih D. Gianda, VP Investor Relations, Corporate Communications and Sustainability of MAP
Group commented, “We are pleased to see that our Q2’24 revenues showed a solid growth of
close to 30% YoY, despite Lebaran sales shifted partly to March this year. This indicated our
customers’ resilience and growing demand for our products and services, especially during
holiday season in June. Going into the second half of 2024, we are committed to prudent
expansion amidst the dynamic business environment, and continue to enhance operational
efficiencies, including improving inventory management and back-end support."
In the second quarter, MAA achieved several milestones by opening two flagship stores in
Senayan City, including the largest Skechers store in Indonesia and the biggest Lego store in
Southeast Asia. Additionally, MAA was honoured as “Footwear Retailer of the Year” (Indonesia
category) by Retail Asia Awards for its efforts in promoting the HOKA brand. These achievements
encourage the Company to explore new growth opportunities and improve the customers’
overall experience.
Moreover, at the 2024 Annual General Meeting of Shareholders, the Company approved a total
cash dividend of Rp142.5 billion, or equal to Rp5 per share. The dividend was paid on July 25th,
2024, to shareholders on record as of July 9th, 2024.
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About PT Map Aktif Adiperkasa Tbk (MAA)
PT MAP Aktif Adiperkasa Tbk (MAA) is a 'brand commerce' entity operating in ASEAN.
A subsidiary of PT Mitra Adiperkasa Tbk (MAP), MAA operate more than 40 exclusive brands in
1,789 stores and 30 online sites. Its three principal business lines are Sports, Leisure, and Kids
which are sold via mono-brand and wholly owned multi-brand store formats including
PlanetSports.Asia, Sports Station, Golf House, and Kidz Station. In 2018, the Company acquired
Astec, a leading regional brand in badminton, fitness, and leisure activities founded by Olympic
Champions, Alan Budikusuma and Susy Susanti. For more information about MAA, please visit
www.mapactive.id.
For more information, please contact:
Ratih Darmawan Gianda
VP Investor Relations, Corporate Communications and Sustainability of MAP Group
PT Map Aktif Adiperkasa Tbk
Sahid Sudirman Center 26th Floor
Jalan Jend. Sudirman Kav. 86 Jakarta 10220
Telephone: +6221 80648 488 Ext. 89088
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