MAP Active Profit Slips on Strong Sales
Net income attributable to shareholders at the Indonesian retailer ticked down 3% to IDR 499,603 million ($30.5 mm) in the third quarter from IDR 514,713 million last year, despite revenue improving 14% to IDR 5,150,650 million ($314.8 mm), up from IDR 4,532,879 million. Gross margin in the quarter narrowed 50 basis points to 46.1%, ... Log in to view full article.
