Business

PT Mitra Adiperkasa Tbk : MAP POSTS 61% JUMP IN NET PROFIT FOR 9M 2011

PT Mitra Adiperkasa Tbk : MAP POSTS 61% JUMP IN NET PROFIT FOR 9M

Pt Mitra Adiperkasa TbkOctober 27, 20113
PT Mitra Adiperkasa Tbk : MAP POSTS 61% JUMP IN NET PROFIT FOR 9M 2011

About this update from Pt Mitra Adiperkasa Tbk

27 October 2011 MAP POSTS 61% JUMP IN NET PROFIT FOR 9M 2011 Jakarta, 27th October 2011 - Indonesia's leading lifestyle retailer PT Mitra Adiperkasa Tbk (MAP) today announced its financial results for 9M 2011. Net revenue increased by 24% for 9M 2011 from Rp 3,393 billion to Rp 4,209 billion. Operating profit surged by 42% to a record Rp 430 billion - up from the Rp 302 billion achieved in 9M 2010. Net profit grew 61% from Rp 148 billion in the corresponding period in 2010 to Rp 238 billion. Commenting on the 9M 2011 results, Fetty Kwartati, Corporate Secretary of MAP said," "Our solid results - together with the scale of our business - demonstrated the strength of our impressive diversified brand portfolio, strong bargaining power and tremendous growth prospect of MAP."

View stock analysis, news, and events for Pt Mitra Adiperkasa Tbk

More from Pt Mitra Adiperkasa Tbk

All Pt Mitra Adiperkasa Tbk news →