JAKARTA. As of Q3 2020, PT Mitra Adiperkasa Tbk. (MAPI) had recorded a net loss of IDR 605.33 billion, due to a 34% decline in revenue.
For information, in the same period last year, the company recorded a profit of IDR 642.84 billion.
The loss was in line with a 34% decline in revenue to IDR 10.17 trillion. However, on a quarterly basis, net sales in the third quarter rose 62.1% to IDR 3.4 trillion
The recovery in sales is mainly supported by digital channels, whose contributions have continued to increase significantly, supported by MAPEMALL, Zara, Planet Sports and Digimap. (AM/AR)