Coal Average Selling Price Increase

MAPI successfully managed to book 9M23 sales growth of 26.4% YoY to IDR 23.8 trillion, with all segments showing growth. 9M23 GPM managed to increase to 45.6%, in line with
9M23 gross profit growth of 27.9% YoY to IDR 10.9 trillion. MAPI continued its focus on building strategic partnership with international leading brands. In Indonesia, MAPI strengthened its presence by launching the first ZARA store in Makassar. Besides Indonesia, the company also launched the first ZARA store in Cambodia, as well as the first Foot Locker stores in Thailand and Vietnam.

Asset Growth

MAPI successfully managed to book 9M23 sales growth of 26.4% YoY to IDR 23.8 trillion, with all segments showing growth. 9M23 GPM managed to increase to 45.6%, in line with
9M23 gross profit growth of 27.9% YoY to IDR 10.9 trillion.

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