Mitra Adiperkasa Outperforms Matahari and Ramayana in Sales and Profit
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The return to normal social activities has led to an increase in retail sales. This is evident in the increased revenue of retail emitters Mitra Adiperkasa (MAP), Matahari, and Ramayana in the first half of 2022.
Mitra Adiperkasa recorded the highest revenue at Rp12.25 trillion. MAP also achieved the highest profit of Rp1.03 trillion.
Next, Matahari recorded revenue of Rp3.76 trillion in the first half of 2022. Although the nominal amount is smaller, Matahari has a larger margin than MAP with a net profit of Rp918.37 billion.
Finally, Ramayana recorded revenue of Rp1.86 trillion. Ramayana's net profit was recorded at Rp286.03 billion.
Data from Bank Indonesia shows that the retail sales index has indeed increased in almost all major cities in Indonesia. Only Semarang showed a correction in retail sales.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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