Pt. Mitra Adiperkasa Tbk Reports Earnings Results for the Nine Months Ended September 30, 2019
October 31, 2019 at 03:56 am EDT
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PT. Mitra Adiperkasa Tbk announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced total revenue was IDR 15,409,858 million compared to IDR 13,827,673 million a year ago. Operating income was IDR 1,341,885 million compared to IDR 1,061,561 million a year ago. Net income was IDR 642,842 million compared to IDR 557,671 million a year ago. Basic earnings per share was IDR 39 compared to IDR 34 a year ago.
PT Mitra Adiperkasa Tbk is an Indonesia-based lifestyle retailer. The Companyâs business activities comprise mainly of retail trading of clothing, shoes, accessories, bags, and sports equipment. It has a diversified portfolio that includes sports, fashion, department stores, kids, food and beverage, and lifestyle products. Its brands include Starbucks, Zara, Marks & Spencer, SOGO, SEIBU, Oshkosh BâGosh, Converse, among many others. Its segments include retail sales, department stores, cafe and restaurant, and others. The Company's retail sales segment is engaged in trading of clothes and accessories; trading of sports equipment and accessories, trading of toys and accessories, cellular phones, tablets, computers and accessories, and garment manufacture as supporting business of retail. Its other segment include property, investment, bookstore, handicraft trading, and manufacturing.