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Jakarta, April 29th, 2026 – PT Mitra Adiperkasa Tbk (MAP), the leading lifestyle retailer in Indonesia, today released its Q1 2026 results.
For the first quarter of 2026, MAP reported a 32.0% increase in net revenue to Rp12.3 trillion. Gross profit reached Rp4.9 trillion, with operating profit grew by 35.0% to Rp1.1 trillion, and EBITDA was Rp1.9 trillion. On the bottom line, MAP’s net profit for the quarter rose by 34.5% to Rp762 billion.
“We are pleased to see an encouraging start to the year, with customer activity growing steadily through the quarter and picking up further ahead of the Lebaran period in March. The groundwork we put in advance allowed us to respond effectively to demand, resulting in stronger sell-through across all segments. Overall, these factors supported a solid uplift in our Q1 results,” said Ratih D. Gianda, VP of Investor Relations, Corporate Communications and Sustainability at MAP Group.
In response to evolving customer preferences, MAP continued to widen its brand portfolio with the addition of Aquazurra, Guess, and Hollister. The Company also further enhanced its operational efficiency through focused cost management and back-end process improvements, while advancing its automation and digitalisation initiatives to better serve customers across all channels.
“As we move through 2026, MAP continues to build on this momentum. However, we maintain a cautious approach amid a dynamic environment, as geopolitical tensions, rising costs, and Rupiah depreciation may pose some headwinds. With a diversified business and a dedicated team, we remain committed to navigating the current landscape with discipline. We are hopeful these efforts will support sustainable long-term value creation for our stakeholders,” Ratih concluded.
About PT Mitra Adiperkasa Tbk
MAP has a portfolio of more than 150 world-class brands from department stores, sports, fashion, kids, food & beverage to lifestyle. As at end of March 2026, MAP operates more than 4,000 retail stores in over 80 cities across Indonesia. The main retail concepts managed include; Department Stores: Sogo, Seibu, Galeries Lafayette, The FoodHall; Fashion & Beauty: Zara, Marks & Spencer, Mango, Massimo Dutti, Swarovski, Zara Home, Boots, Sephora; Active (Sports & Leisure): Sports Station, PlanetSports.Asia, Foot Locker, Sports Direct, Skechers, New Balance, Converse, Crocs, Reebok, HOKA, Golf House, Staccato, ALDO; Kids: Kidz Station, Smiggle, Lego; Tech: Digimap, Digiplus, Shark Ninja; Food & Beverage: Starbucks, Pizza Marzano, Krispy Kreme, Cold Stone Creamery Ice Cream, Godiva, Genki Sushi, Subway, Toast Box; Others: Alun Alun Indonesia. For more information about MAP, please visit map.co.id.
For more information, please contact:
Ratih Darmawan Gianda
VP Investor Relations, Corporate Communications and Sustainability of MAP Group
PT Mitra Adiperkasa Tbk
Sahid Sudirman Center 30th Floor
Jalan Jend. Sudirman Kav. 86 Jakarta 10220
Telephone: +6221 8064 8498, +6221 574 5808