PT Matahari Department Store Tbk Reports Earnings Results for the Full Year Ended December 31, 2023
February 26, 2024 at 05:11 am EST
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PT Matahari Department Store Tbk reported earnings results for the full year ended December 31, 2023. For the full year, the company reported revenue was IDR 6,538,586 million compared to IDR 6,454,583 million a year ago. Net income was IDR 675,360 million compared to IDR 1,383,222 million a year ago.
Basic earnings per share from continuing operations was IDR 298 compared to IDR 582 a year ago.
PT Matahari Department Store Tbk is an Indonesia-based company, which is engaged in the retail business for several types of products such as clothes, accessories, bags, shoes, cosmetics, and household appliances, and management consulting service. The Companyâs segments include Sumatra; Java; Kalimantan, Sulawesi and Maluku, and Others. It operates approximately 156 stores. The Companyâs brands include Nevada, Details, Little M, connection, Cole and Pipiniko. It offer clothes, such as chaos and polo shirt, blouse shirt, sweater and cardigan, dress, outerwear, long pants, jeans, shorts, underwear and sleepwear, maternity clothes, sports clothing, playsuits and jumpsuits. It offers shoes, such as slippers, sneakers, sport shoes, slip Ons, formal shoes, and boots. It offers products under suitcase, such as backpack, shoulder bags, handbags, suitcases and travel bags, wallet, and sports bag.