JAKARTA (Yosefardi) – Indonesia’s leading lifestyle retailer PT Mitra Adiperkasa Tbk (MAPI) reported its net revenue surged 27% from Rp 3.46 trillion to Rp 4.38 trillion while operating profit was Rp 314 billion for the first six months of 2013.
Fetty Kwartati, Corporate Secretary of MAP said, “In spite of global economic uncertainties and challenging operating environment including massive floods in January, we are pleased to deliver strong net revenue growth. Although there are short erm pressures on margins, we remain highly focused on our strategy of driving top line growth to increase market share, and investing in key initiatives to enhance our long term competitiveness. With our strong brand portfolio, management capabilities and strategic priorities, MAP is well positioned for the future.”
As at 30th June 2013, MAP has a total of 1,588 outlets in 56 major Indonesian cities. New retail concepts launched in the first half of 2013 include: Cotton On, Thomas Pink, Suite Blanco, Swarovski, Godiva and French retail icon, Galeries Lafayette.