Company Report | Multi-Channel Strategy Improves Company’s Performance in 3Q22

Coal Average Selling Price Increase

MAPI’s sales were recorded at IDR6.6 trillion in 3Q22 (-0.6% QoQ; +123.1% YoY), and the 9M22 cumulatively grew by 55.8% YoY, supported by the growth of the Sports & Leisure, Fashion, Health & Beauty, Food & Beverage, and Digital Devices segments. As of 3Q22, MAPI has opened 91 new stores. Additionally, to improve its performance, MAPI continues strengthening its relations with leading international brand partners by investing in new technologies.

Asset Growth

MAPI’s sales were recorded at IDR6.6 trillion in 3Q22 (-0.6% QoQ; +123.1% YoY), and the 9M22 cumulatively grew by 55.8% YoY, supported by the growth of the Sports & Leisure, Fashion, Health & Beauty, Food & Beverage, and Digital Devices segments. As of 3Q22, MAPI has opened 91 new stores.