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20240429_MAPA_Laporan Informasi dan Fakta Material_31631357_lamp2.pdf
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PRESS RELEASE
For Immediate Distribution
MAA POSTS SOLID REVENUES GROWTH IN Q1 2024
Jakarta, 29th April 2024 – PT Map Aktif Adiperkasa Tbk (MAA), the sports, kids and leisure
subsidiary of PT Mitra Adiperkasa Tbk (MAP), today announced its results for Q1 2024.
Net revenues for Q1 2024 was Rp3.7 trillion, a 35.6% growth from the Rp2.7 trillion posted in the
previous year. GPM normalized to 47.9% from 49.2%. Operating profit went up 10.3% to
Rp405 billion from Rp367 billion, EBITDA increased 28.8% from Rp549 billion to Rp707 billion;
while net profit grew by 8.0% YoY to Rp283 billion from Rp262 billion in Q1 2023.
Ratih D. Gianda, VP Investor Relations, Corporate Communications and Sustainability of MAP
Group commented, “Our Q1 results showed continued growth despite a higher base comparison
from last year due to the lifting of Covid-19 restrictions. During the quarter, we observed a partial
impact of Lebaran, which fell on 10th – 11th April this year, positively influencing our sales across
channels and categories. Furthermore, we will continue to implement initiatives to enhance
productivity and efficiency.”
Alongside the expansion of MAA’s physical presence, the Company is also working on optimizing
its digital presence. As of March 2024, MAA operates 29 online channels and collaborates with
several third-party online marketplaces. MAA remains committed to leveraging new technologies
and innovations to further enhance its customer experience, drive value creation, and fuel long-
term growth.
“We remain cautiously optimistic amidst the dynamic business environment in the countries that
we operate in. Moving forward, MAA will continue to focus on driving organic growth through
proactive approach to brand mix, and prudent cost management. We hope that these efforts will
deliver positive results for MAA”, Ratih concluded.
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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 over
1,700 stores and 29 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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