MAPI - A IDR567 bn net profit in 1Q25

MAPI - A IDR567 bn net profit in 1Q25 Mitra Adiperkasa (MAPI) posted strong financial results in 1Q25, with net profit rising 13.1% yoy to IDR567 bn and 5.8% yoy increase in revenue to IDR9.3 tn. Operating profit rose 7.8% yoy to IDR769 bn, and EBITDA reached IDR1.5 tn. Solid performance across segments was supported by early Eid celebrations, while the company continued to expand its brand portfolio and strengthen its position in fashion and lifestyle. MAPI also maintained focus on digital growth, operating 51 online platforms by the end of the quarter. (Source : Bisnis Indonesia)