MAP Active Results Improve in Q2
Net income at the Indonesian retailer grew 6% in the second quarter to IDR 322,440 million ($19.5 mm) from IDR 305,498 million last year, on sales that came in 7% higher at IDR 4,475,202 ($271.1 mm), up from IDR 4,193,880. Gross margin in the quarter improved 180 basis points to 46.9%, while operating expenses were up ... Log in to view full article.
