MAP NEWS

LABA BERSIH MAP MENINGKAT 55% UNTUK KUARTAL PERTAMA 2010

Jakarta, 3rd May 2010 – Indonesia’s leading lifestyle retailer, PT Mitra Adiperkasa Tbk (MAP) today announced its financial results for first quarter ended 31st March 2010.

 

Net revenue increased 13% to a record Rp 1,048 billion – up from the Rp 930 billion achieved in the first quarter of 2009. Gross Profit grew 13% from Rp 448 billion in the corresponding period in 2009 to Rp 506 billion. Net profit surged 55% from Rp 19 billion to Rp 30 billion.

 

Commenting on the first quarter results, Fetty Kwartati, Head of Investor Relations at MAP said: “We are off to a good start for fiscal year 2010. Our strong results reflect the resilience and strength of our brand portfolio – which includes over 90 of the world’s best brands. Given our progress to date, we are strongly positioned to drive continued growth and further extend our market leadership position in Indonesia”.

 

 

 

About PT Mitra Adiperkasa Tbk

As at 31st March 2010, MAP operates 717 retail outlets in 23 major cities of Indonesia. Major retail
concepts under the group include:

  • SOGO, SEIBU, Debenhams, and Java/Lotus.
  • Loewe, Salvatore Ferragamo, MaxMara, Nine West, Tumi, Zara, Massimo Dutti, Pull and Bear, Next, Marks & Spencer, Nautica, Lacoste, Topshop/Topman, Kipling, Miss Selfridge, Sole Effect, Dorothy Perkins, Swatch, Boots, H2O+, and Samsonite.
  • Planet Sports, Sports Station, The Athlete’s Foot, The Sports Warehouse, Golf House, Rockport, Reebok, Converse and Adidas Sports.
  • : Starbucks Coffee, Burger King, Cold Stone Creamery, Pizza Marzano and Domino’s Pizza, Chatterbox and Courtyard Restaurant.
  • Kidz Station, Oshkosh B’Gosh and Barbie Boutique.
  • Kinokuniya, and Alun Alun Indonesia.

 

Apart from retailing, the group is also the leading distributor of over 90 international brands including
Reebok, Speedo, Wilson, Converse, Diadora, Lotto, Airwalk, Superman, Batman, OshKosh B’Gosh and
Thomas & Friends. More information about MAP can be found at www.map-indonesia.com

 

For further information, please contact:

 

Fetty Kwartati

Corporate Secretary

PT Mitra Adiperkasa Tbk

Wisma 46, 8th fl. – Kota BNI

Jl. Jend. Sudirman Kav. 1

Jakarta 10220

 

Phone : 021 575 0755 (direct)

Fax : 021 574 5753

Email : fetty.kwartati@map.co.id