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MAPI – 1Q22 Enthusiasm Amid Social Mobility Relaxation

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  • Recent Posts
Cindy Alicia
Cindy Alicia
Analyst - Consumer, Healthcare
Cindy Alicia
Latest posts by Cindy Alicia (see all)
  • Company Report | Positive Performance Amid Mobility Recovery in 2Q22 - August 1, 2022
  • MAPI – 1Q22 Enthusiasm Amid Social Mobility Relaxation - July 26, 2022
  • MIKA – 1Q22 Performance Supported by Non-Covid19 Patients - July 14, 2022

In 1Q22, MAPI booked a revenue performance growth of 30.6% YoY and net profit significantly jumped to IDR512.8 billion. We believe that MAPI’s performance this year will be boosted by the relaxation of social mobility, supporting enthusiasm to shop. Meanwhile, digital sales for MAPI in 1Q22 successfully grew 31.9% YoY.

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