The Indonesian retailer’s net loss for the nine months ended Sep. 30 was IDR 113,695 million ($7.7 mm) against a profit of IDR 537,370 million last year, on 40% lower revenues of IDR 3,209,350 million ($218.1 mm) down from IDR 5,372,394 million hurt by that country’s efforts to control the Covid-19 pandemic. MAPA restated its financials for the current and prior year periods to reflect the acquisition of MAP Active Adiperkasa Ltd. from PT Mitra Adiperkasa Tbk, the shareholder of the company. E-commerce was a bright spot, growing to 13% of total revenue, amounting to a 418% increase in digital ... Log in to view full article.