Pt. Mitra Adiperkasa Tbk Reports Earnings Results for the Half Year Ended June 30, 2020
August 03, 2020 at 10:34 am EDT
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PT. Mitra Adiperkasa Tbk announced earnings results for the half year ended June 30, 2020. For the half year, the company announced total revenue was IDR 6,791,978 million compared to IDR 10,016,363 million a year ago. Operating loss was IDR 330,929 million compared to operating Income of IDR 969,393 million a year ago. Net loss was IDR 407,937 million compared to net income of IDR 499,317 million a year ago. Basic loss per share was IDR 25 compared to basic earnings per share of IDR 30 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.