MAP DELIVERS STABLE H1 2025 RESULTS WITH CONTINUED REVENUE GROWTH

Jakarta, July 30th, 2025 – PT Mitra Adiperkasa Tbk (MAP), the leading lifestyle retailer in Indonesia, today announced its results for Q2 and H1 2025.

For the first half of 2025, MAP reported net revenue of Rp19.6 trillion, a 8.7% growth from the same period last year. Gross profit grew 6.7% to Rp8.3 trillion, while operating profit amounted to Rp1.6 trillion, and EBITDA was Rp3.3 trillion. MAP’s net profit for the period increased by 6.5% to Rp1.1 trillion.

In Q2, MAP recorded net revenue growth of 11.5% to Rp10.3 trillion. Gross profit increased by 4.6% to Rp4.2 trillion, with operating profit at Rp851 billion and EBITDA reaching Rp1.7 trillion. Net profit for the quarter stood at Rp578 billion.

“MAP delivered steady performance in Q2, while continuing to navigate ongoing macroeconomic uncertainties and a muted consumer environment. Although some Lebaran-related sales had shifted to March, the launch of the iPhone 16 in April helped reignite momentum in our Digital business, and the June school holiday period also supported overall results,” said Ratih D. Gianda, VP Investor Relations, Corporate Communications and Sustainability of MAP Group.

During the quarter, MAP continued to focus on its diversified portfolio, finalizing the acquisition of Toast Box in April, followed by the regional debut of Vivaia in Thailand in June. These steps are part of MAP’s ongoing effort to stay in tune with evolving consumer lifestyles and offer a thoughtfully curated mix of brands, products, and services.

Reflecting the progress on strategic and organizational priorities, MAP received several recognitions in the first half of the year, including ‘Best Human Capital’ from Warta Ekonomi, and was named one of the ‘Best Companies to Work for in Asia’ for the third consecutive year by HR Asia.

“We are putting the essential strategies in place to unlock MAP’s full potential over the long term. As we enter the second half, we are becoming a more agile and focused company by refining our portfolio, exercising disciplined inventory control, and enhancing operational efficiencies, which we hope will ultimately shape a better, stronger MAP 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 June 2025, MAP operates more than 3,800 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, Kipling, Mango, Massimo Dutti, Swarovski, Zara Home, Boots, Sephora; Active (Sports, Leisure & Kids): Sports Station, PlanetSports.Asia, Foot Locker, Converse, Golf House, Reebok, Skechers, Onitsuka Tiger, Staccato, Clarks; Kids: Kidz Station, Smiggle, Lego; Digital: Digimap, Digiplus; Food & Beverage: Starbucks, Pizza Marzano, Krispy Kreme, Cold Stone Creamery Ice Cream, Godiva, Genki Sushi, Subway; 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