Preview - Please log in to view full article.

Article Date: April 2024
Word Count: 149

MAP Active Turns in Solid Q1

The Indonesian retailer saw net income inch up 8% to IDR 283,405 million ($18.1 mm) in the first quarter from IDR 262,294 million, on a 36% increase in revenues to IDR 3,693,122 million ($236.4 mm) up from IDR 2,724,180 million. Gross margin in the quarter was 130 basis points lower at 47.9%, while SG&A saw a 40% increase, deleveraging 120 b.p. to 36.9% of sales. Growth ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.