Net income attributable to shareholders at the Indonesian retailer more than doubled in the final quarter to IDR 558,872 million ($33.9 mm) from IDR 252,378 million, on 12% higher revenues of IDR 5,334,637 million ($323.8 mm) against IDR 4,764,545 million. Gross margin grew 320 basis points to 48.3%, while SG&A increased 10% in rupiah but leveraged 60 b.p. to 32.3% of sales. At period end, MAPA operated more than 2,200 mono-and multi-brand stores and 30 online sites across the ASEAN region, selling over 40 ... Log in to view full article.