JAKARTA. PT Map Aktif Adiperkasa Tbk (MAPA), a subsidiary of PT Mitra Adiperkasa Tbk (MAPI), posted a net profit of IDR 1.1 trillion in the first nine months (9M) of 2024.

This gain increased 7.3% year-on-year (yoy) or compared to 9M 2023. This growth was supported by net income performance which reached IDR 12.4 trillion, up 29.6% yoy or from the same period last year.

Ratih D. Gianda, VP Investor Relations at MAPI, said that the solid growth recorded by the company was supported by the positive market response during the Back To School season, as well as high demand for Sports, Kids and Leisure products from a number of brands selected by MAA.

“Our focus is on operational stream-lining and optimizing efficiency thereby increasing overall profits. "This success shows the significant progress we have achieved together through the company's strategic initiatives," said Ratih, in her official statement.

Ratih added, MAPA's multi-channel business model also continues to run effectively to meet customer needs. This can be seen from the great progress in digital strategy, as evidenced by the growth in revenue from online platforms which reached 38% yoy, with a contribution of 9.7% of total sales in 9M 2024. (KR/LM)