-3%
Jakarta, 30th October 2015 – PT Mitra Adiperkasa Tbk (MAP), the leading lifestyle retailer in Indonesia today announced its financial results for nine-month 2015. Net Revenue increased 9% to a record Rp 9.4 trillion – up from the Rp 8.7 trillion achieved during the corresponding period in 2014. Operating Profit was Rp 305 billion while Net Profit was Rp 20 billion compared to 116 billion for nine-month 2014.
Commenting on the results, Fetty Kwartati, Corporate Secretary at MAP said, “Our bottomline was affected by the sluggish rupiah among other factors. However, we are making progress in addressing the structural issues that have been affecting our performance in the past one year. We are now more confident that we have made the necessary adjustments for future growth.”
Meanwhile, MAP is looking forward to the grand launch of two key growth engines: MAPeMALL and MAP CLUB. MAPeMALL is positioned as the biggest branded lifestyle online store in Indonesia, and we expect to offer the widest selection of products from our extensive brand portfolio.
The Company is also in its final stages of preparation for MAP CLUB. When fully launched, it will be the biggest “branded” loyalty card program in Indonesia. Among many unique benefits, members will get to “earn and burn” reward points in MAP stores throughout the Indonesian Archipelago.
About PT Mitra Adiperkasa Tbk
As of September 2015, MAP operates 1,870 retail outlets in 66 major cities throughout Indonesia. The major retail concepts under the group among others: Department Stores: Sogo, Debenhams, Seibu and Galleries Lafayette; Fashion & Lifestyle: Zara, Marks & Spencer, Topman, Topshop, Next, Kipling, Lacoste, Nautica, Massimo Dutti, Staccato, DKNY, Crabtree & Evelyn, Swarovski, Zara Home and Sephora; Sports: Converse, Golf House, Payless ShoeSource, Oakley, Planet Sports, Reebok, Rockport, Skechers, Sports Station, The Athlete’s Foot and The Sports Warehouse; Food & Beverage: Starbucks, Burger King, Domino’s Pizza, Pizza Marzano, Krispy Kreme, Cold Stone Creamery Ice Cream, Godiva and Chatterbox; Kids: Kidz Station, Oshkosh B’Gosh, and Stride Rite; Others: Kinokuniya and Alun Alun Indonesia. For more information about MAP please visit www.map-indonesia.com.
For more information, please contact:
Fetty Kwartati – Corporate Secretary
PT Mitra Adiperkasa Tbk
Sahid Sudirman Center 30th fl.
Jl. Jend. Sudirman Kav. 86
Jakarta 10220
Phone : 021 8064 8567, Fax : 021 574 0150
Email : fetty.kwartati@map.co.id